Macro Finance
Asian Stocks Drop as Kospi Hit by Selloff in Chips: Markets Wrap
Bloomberg Markets·July 15, 2026·1 min read
Asian stocks fell as semiconductor stocks tumbled across the region, dragging equities lower. Investors grew skeptical that the AI-driven rally can withstand lofty valuations. Oil prices climbed amid the selloff. The Kospi index was hit particularly hard by the chip sector decline.
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