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Global tech stocks plunge as sell-off sweeps markets across Asia and Europe

By

Chloe Taylor

13d ago· 4 min readenNews
technologyfinance

Summary

Global stock markets experienced a significant sell-off on Tuesday, with technology stocks leading the decline. South Korea's tech-heavy Kospi index fell 10%, dragged down by chipmaker SK Hynix and Samsung, both losing over 12%. European markets also fell sharply, with the Stoxx 600 shedding about 1% and the Stoxx 600 Technology index declining 3%, following a losing session for tech on Wall Street.

Source

bskyGlobal tech stocks plunge as sell-off sweeps markets across Asia and Europecnbc.com

Key quotes

· 3 pulled
South Korea's tech-heavy Kospi index closing 10% lower.
The index was dragged down by chipmaker SK Hynix and tech giant Samsung, with both companies ending the session on losses of more than 12%.
The Stoxx 600 Technology index led regional losses, declining 3%.
Snippet from the RSS feed
Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.

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