burndglitor

#globaltechstocksextendselloff During Friday's Asian session, Asian equities plunged alongside U.S. stock index futures as investors aggressively rotated out of technology stocks, deepening the sell-off in semiconductor manufacturers. The Nikkei 225 plunged 4%, breaking below the key 65,000 level. Leading the downward spiral, Kioxia collapsed 16% in Tokyo, wiping out half its market cap in just one month. Major players also took a heavy beating: SoftBank: -9.2% Tokyo Electron: -9.0% Advantest: -9.4% With the MSCI Asia Pacific Index dropping 2.5% toward a 2-month low, is this a healthy unwind of crowded tech trades, or are we staring down a deeper, global market correction?$BZ $ARK $STORJ