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GgoogleIN first seen 11 d ago, last 1 d ago, peak #1

Stock Selloff Spreads to Asia as Chip Rout Deepens

Original: global market

A global market selloff has extended into Asian trading as the rout in semiconductor stocks deepens, with investors assessing how far the tech-led decline will run. The drop comes despite brighter signals from Europe, where earnings season is tracking stronger than expected and UBS still sees further gains for European stocks even with higher rates and energy prices.

Why now: Investors are reacting to a widening tech-driven selloff hitting markets across Asia, Europe and the US.

UBSEconomic TimesAsian stock marketsEuropean stock marketssemiconductor sector

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