📉 Asian Markets Lose $1T After $3T U.S. Asset Drop Asian markets lost $1 trillion today after U.S. assets fell $3 trillion yesterday, per exchange data. The Philadelphia Semiconductor Index plunged 12.2% in its largest-ever decline, pushing South Korea’s KOSPI down 6% ($203B), Japan’s NIKKEI down 6% ($450B), Taiwan’s index down 5% ($182B), and China’s SSE down 1.5% ($210B). Kioxia dropped 13%, SK Hynix and SoftBank 12%, and Samsung and TSMC 8% to multi-month lows.