● LIVE
Updated 6h ago
· 15 sources tracked
Nasdaq futures sharply lower as tech sell off bleeds into global markets; South Korea's Kospi falls 10%: Live updates
Nasdaq futures are sharply lower as a tech sell-off impacts global markets. The South Korean Kospi index plummeted 10%. This downturn is attributed to concerns over AI firms' capital expenditures and potential Fed rate hikes.
What changed
The situation has escalated with Nasdaq futures now down sharply and the Kospi experiencing a significant drop.
Live updates
-
Nasdaq futures sharply lower as tech sell-off bleeds into global markets
confidence 50%Nasdaq futures are sharply lower as a tech sell-off impacts global markets. The South Korean Kospi index plummeted 10%. This downturn is attributed to concerns over AI firms' capital expenditures and potential Fed rate hikes.
What's confirmed:
- Nasdaq futures are sharply lower.
- The South Korean Kospi index plummeted 10%.
- A tech sell-off is impacting global markets.
- Concerns over AI firms' capital expenditures and potential Fed rate hikes have contributed to the downturn.
Still unconfirmed:
- Losses for Korean memory chipmakers fueled AI trade doubts