65
Markets1h 48m 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.

Asia

Who
Kevin Warsh
What
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.
When
Thu, 02 Jul 2026 01:13:01 GMT · 1h 48m ago
Where
Asia ·
Why
Concerns over artificial intelligence and upcoming US jobs data influenced market sentiment and rate hike expectations.
The Frontline Impact

How this affects you

The selloff in US chipmakers and AI-related worries led to a significant decline in Asian markets, impacting investor sentiment and influencing expectations for future interest rate decisions.

Story chain

4 events in this thread

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