Global tech sell-off deepens as inflation fears and AI debt worries hit markets
Global technology shares fell sharply on Thursday as investors reacted to hotter-than-expected US inflation data and renewed concern about debt in the artificial intelligence sector. The sell-off spread across Asia and Wall Street, with semiconductor and AI-linked stocks among the hardest hit. South Korea and Japan saw some of the steepest declines, while major US indexes also closed lower in the previous session.In South Korea, the Kospi 200 fell more than 8% overnight to a six-month closing low, briefly triggering circuit breakers that halted trading at points during the session. SK Hynix dropped nearly 11%, while Samsung Electronics fell about... [Continue Reading]
360LiveNews | 15 Oct 2026 10:04 LONDON
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Tokyo and Asia-Pacific Close Sharply Lower as Tech Rout Spreads, Nikkei Drops 6.7% and Kospi Slides 18.3%
Executive summary: Asia-Pacific markets ended the session under heavy pressure, led by a steep selloff in Japan and South Korea. The Nikkei 225 fell -6.7% to 64,425.95, while the Kospi plunged -18.3% to 5,556.31. The Nikkei 225 ETF also dropped -6.4%, signaling broad risk aversion across regional equities. Hong Kong and Australia were firmer, but gains there were not enough to offset the regional shock. Commodities were mixed, with natural gas higher and most metals lower, while the yen was little changed against the dollar. [Continue Reading]
360LiveNews Markets Intelligence | 15 Oct 2026 07:45 LONDON
Wall Street closes mixed as tech wobbles, energy surges and megacaps split the tape
Executive summary: U.S. markets finished with a split tone, as the S&P 500 edged lower, the Nasdaq Composite fell, and small caps lagged, while the Dow managed a modest gain. The sharpest move came in AI and chip stocks, where SOXX dropped 7.7%, even as energy, banks, and several megacap tech names held up better. Rising crude, stronger natural gas, and firmer precious metals added a commodity bid, while Bitcoin and Ether also posted small gains. [Continue Reading]
360LiveNews Markets Intelligence | 13 Oct 2026 21:15 LONDON
Tokyo and Asia-Pacific close mixed as Nikkei extends slide, gold and silver firm, Kospi sinks on tech selloff
Executive summary: Asia-Pacific trading ended with a sharp split, Japan’s Nikkei 225 fell -4.1%, South Korea’s Kospi dropped -13.8%, while Australia’s ASX 200 gained +0.6%. Safe-haven metals strengthened, with gold up +1.2% and silver up +2.7%, while WTI crude rose +1.1%. The move points to a risk-off tone in parts of the region, led by a steep selloff in Japanese and Korean equities, even as some commodity-linked assets and Australia’s market held up better. [Continue Reading]
360LiveNews Markets Intelligence | 13 Oct 2026 07:45 LONDON
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