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via cnbc.comMarkets

Nasdaq sell-off sends Asian chip stocks tumbling

FROM THE WIRE · CNBC.COM

Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe Nasdaq in correction and falling Asian chip stocks weigh on the global tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Asian technology stocks tumbled Friday.
  2. 02The tech-heavy Nasdaq Composite entered correction territory.
  3. 03SK Hynix, Samsung, Softbank and TSMC tumbled.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NASDAQ CompositeINDEX:IXICIndex24,315.00Market closedtoday -5.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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