Micron, stocks and Asian equities
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Trading on South Korea's Kospi index was halted for the third time this week to prevent panic selling.
A tech stock sell-off saw Asian markets tumble, with Wall Street set to follow. South Korea's benchmark index triggered an automatic suspension of trading before closing down 5.8%
Asian equities experienced a sharp decline on June 26, with semiconductor stocks weighing heavily. The MSCI Asia Pacific Index fell 1.7%, while South Korea's Kospi dropped over 3%. Meanwhile, US equity futures pointed to weaker openings,
Technology stocks mostly rebounded on Wednesday amid choppy trading following a global selloff in the previous session.
Asian equities slid on Wednesday as mounting risk aversion took hold following a renewed military flare-up between the U.S. and Iran, entirely wiping out an early-session recovery in technology shares.
Thailand’s stock market is having the best year among Southeast Asian peers, as investors discover an unlikely source of exposure to the global artificial-intelligence boom.
By Rajasik Mukherjee June 22 (Reuters) - Most emerging Asian stocks gained footing on Monday, led by strong gains in Taiwan and South Korea, while currencies in the region struggled as uncertainty around the ongoing U.
South Korea's Kospi swung between gains and losses after rising as much as 4.6% early in the session. Memory maker and index heavyweight Samsung Electronics was up 5.65%, while peer SK Hynix gave up earlier gains to fall 0.9%.
Asian chip stocks rebounded, capping a roller coaster week amid geopolitical volatility, concerns over inflation and worries over a bubble in artificial-intelligence-related stocks.
Asian technology shares fell, tracking losses in U.S. semiconductor stocks after disappointing earnings Broadcom sparked a rotation out of AI-linked names.
Asian technology stocks slumped after Apple raised prices for its products, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade.
