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Markets1h 42m ago

Asian markets slid as a selloff in US chipmakers hit sentiment, with the KOSPI slumping over 6%.

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Asia

Who
US chipmakers
What
Asian markets slid as a selloff in US chipmakers hit sentiment, with the KOSPI slumping over 6%.
When
Thu, 02 Jul 2026 01:13:01 GMT · 1h 42m ago
Where
Asia ·
Why
Concerns over artificial intelligence and upcoming US jobs data shaped rate hike expectations.
The Frontline Impact

How this affects you

The selloff in US chipmakers has negatively impacted Asian market sentiment, leading to significant declines in major indices like the KOSPI. This indicates a broader market reaction to AI-related concerns and potential shifts in monetary policy.

Story chain

4 events in this thread
  1. Markets1h 42m 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 42m ago
    Asian markets slid due to a selloff in US chipmakers, impacting sentiment and shaping expectations for interest rate hikes.
    Open article
  3. Markets1h 42m 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.
    Open article
  4. Currently Reading1h 42m ago
    Asian markets slid as a selloff in US chipmakers hit sentiment, with the KOSPI slumping over 6%.

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