Asian markets closed sharply mixed: South Korea’s KOSPI fell 5.28%, with chip stocks plunging enough to trigger a sidecar circuit breaker; Japan’s Nikkei dropped 1.79%. China and Hong Kong stocks moved in the opposite direction—the Hang Seng rose about 3.4%, while the Shanghai Composite edged up 0.1% to close at 3689.91. Turnover across the two markets was 2.12 trillion, up about 80 billion from yesterday.
European markets opened firm. The Bank of England is expected to raise rates by 25 basis points to 4% tonight; Nasdaq futures are down about 1%. U.S. nonfarm payrolls are due Friday. Is Asia catching up on AI-related losses, or is this a genuine rotation?
#美股 #Macro
Not investment advice