“Some of the recent performance in stocks has been highly speculative, fueled by a passion from retail investors for short-term gains. We may not like it this morning, but actually it’s healthy behavior."

(Bloomberg) -- Global stocks fell, led by steep losses in South Korea, as investors pulled back from some of this year’s top-performing tech companies on concern they’ve rallied…

South Korea’s Kospi index tumbled 10 per cent, triggering a 20-minute trading halt. Read more at straitstimes.com. Read more at straitstimes.com.

On Monday, AI leaders powered higher. Not this morning.

The Nasdaq dropped 2.2% amid steep falls in major semiconductor stocks.