Asian Stocks Slide After U.S. Tech Rout Spreads Risk-Off Mood
Asian markets opened lower on Monday after a sharp U.S. tech sell-off ended Wall Street’s winning streak, while higher rate expectations and geopolitical tensions added to the pressure.
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Asian Stocks Slide as Tech Selloff, Middle East Risk Hit Markets
Asian equities fell on June 8 as a global tech pullback, higher oil prices and renewed Middle East tensions combined to weaken risk appetite across markets.
Global markets slide as tech selloff spreads from Wall Street to Asia
A sharp drop in U.S. Big Tech and semiconductor shares, triggered by a stronger-than-expected jobs report, rippled into Asian markets on Monday as investors recalibrated rate expectations and growth stock valuations.