68
Markets1h 46m ago

Asian markets slid as a selloff in US chipmakers hit sentiment, while Kevin Warsh's inflation comments and upcoming US jobs data shaped rate hike expectations.

Archive Window: 7 Days Left

Asia

Who
US chipmakers
What
Asian markets slid as a selloff in US chipmakers hit sentiment, while Kevin Warsh's inflation comments and upcoming US jobs data shaped rate hike expectations.
When
Thu, 02 Jul 2026 01:13:01 GMT · 1h 46m ago
Where
Asia ·
Why
AI worries and inflation comments shaped rate hike expectations, leading to a selloff in US chipmakers and impacting Asian market sentiment.
The Frontline Impact

How this affects you

Asian markets experienced a significant downturn, with the KOSPI slumping over 6%. The selloff was triggered by concerns related to artificial intelligence and US chipmaker performance, influencing broader market sentiment and expectations for future interest rate hikes.

Story chain

4 events in this thread
  1. Markets1h 46m ago
    Asian markets slumped, with the KOSPI falling over 6%, due to a selloff in US chipmakers impacting sentiment and shaping expectations for US interest rate hikes.
    Open article
  2. Markets1h 46m ago
    Asian markets slid due to a selloff in US chipmakers, impacting sentiment and shaping expectations for interest rate hikes.
    Open article
  3. Currently Reading1h 46m ago
    Asian markets slid as a selloff in US chipmakers hit sentiment, while Kevin Warsh's inflation comments and upcoming US jobs data shaped rate hike expectations.
  4. Markets1h 46m ago
    Asian markets slid as a selloff in US chipmakers hit sentiment, with the KOSPI slumping over 6%.
    Open article

Verified Sources & Citations