Asian markets crash: Nikkei slips over 3%, Kopsi tanks 8% amid escalating US-Iran war, rising crude oil prices
New Delhi, June 8 -- Asian markets tumbled on Monday, 8 June as investors rushed to book profits in technology stocks, triggering a sharp pullback in the artificial intelligence-driven rally that had powered global equities to record highs.
South Korea's KOSPI, heavily weighted toward semiconductor and technology companies, plunged more than 6.8% in volatile trading, prompting a temporary 20-minute trading halt. The index has now fallen about 14% from last week's record peak.
Japan's Nikkei 225 also came under pressure, dropping 3.4% in early trade. Meanwhile, US stock futures attempted a modest recovery after a steep selloff on Wall Street at the end of last week.
Investor sentiment was further rattled by renewed geopolitical tensions...
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