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Tech rout intensifies as selloff grips global stocks
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- Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
- Shares in Asia were broadly lower by the end of the day's trading session, with South Korea's tech-heavy Kospi index closing 10% lower.
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Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.
Shares in Asia were broadly lower by the end of the day's trading session, with 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%.
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