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8.9

Global Tech Selloff Deepens: Nikkei, Kospi Drop 6%, Oil Nears $100

A sharp selloff in tech equities continues, with $2.5 trillion exiting the Nasdaq in a single day and Asian markets plunging 6%. Oil approaching $100 adds to risk-off sentiment, dragging European indices like the Ibex lower. The magnitude of the Nasdaq outflow and the synchronized global decline suggest a broad de-risking event, though the trigger remains unclear.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works

Expansión2 days agoUS, JP, KR, ESCredibility 21%View source

Score Breakdown

Mosaic Score8.9
Model confidence0.7
Significance0.8
Source credibility0.2

Intelligence Tags

Locations

NasdaqNikkeiKospiIbex

Entities

United StatescountryJapancountrySouth Koreacountry
Source

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