Tech Stocks Tumble on Worries About A.I. Spending and China’s Chip Competition
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- South Korea temporarily paused trading on Tuesday as its benchmark stock index closed nearly 11 percent lower, leading losses across the region
- Nasdaq Composite fell over 1 percent when markets opened in the United States
Why it matters: South Korea's trading pause and near-11% benchmark drop dwarf the Nasdaq's 1%+ slide, showing the selloff hitting Seoul far harder than the US — meaning Asia-listed names with heavy US revenue exposure carry the heaviest losses in this rout.
