Home > Quick > Body

STOCKS | Asia Stocks Slide on Chip Selloff; Nasdaq 100 Futures Drop 1.1%

clock
2026-07-07 05:51:37
Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., fueled concerns the AI-driven rally may have run ahead of itself, according to Bloomberg.

Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, signaling Monday’s rebound on Wall Street was losing momentum. European shares were also set for losses.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.