economy
AI-linked share sell-off spreads across global markets
8.1%
The Kospi 200 index decline
AI-linked shares and major stock indexes fell across Asia, Europe and the United States after higher-than-expected US inflation intensified fears of further interest-rate increases. The sell-off also reflected concerns about debt and a possible correction in AI-related valuations.
1 sourceThe GuardianUpdated
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- 8.1%
The Kospi 200 index decline
“The index closed at a six-month low, down 8.1%.”
The Kospi 200 index reached a six-month closing low
“fell more than 8% overnight to a six-month closing low”
The South Korean market triggered circuit breakers that halted trading at various points
“triggering circuit breakers that brought trading to a halt at various points”