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.
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.
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.