Market Plunges

• Wall Street stocks remained steady following a report indicating that U.S. inflation for last month was lower than economists had initially anticipated. • IBM shares experienced a significant plunge, while the ASX is positioned for a rise in upcoming trading. • Investors are shifting focus toward the start of the quarterly earnings season, with companies reporting profits from April through June.

• Chinese stocks traded in Hong Kong have surged 7%, outperforming global peers after previously trailing most markets, including Indonesia, during the first half of the year. • Conversely, South Korea's Kospi index has plummeted, recording a 15% loss and falling to the bottom of global league tables after an initial period of strong growth. • This shift occurs despite stable fundamentals, as investors had previously favored Taiwanese and Korean chipmakers due to their consistent earnings growth.

• The South Korean Kospi index plunged 8%, triggering a trading halt due to extreme market volatility. • The crash is attributed to the introduction of leveraged funds linked to blue-chip stocks last month, which have amplified price swings. • High market concentration is a key driver, with the top five stocks making up nearly 70% of the index, including Samsung and SK Hynix.

• Global stock markets are experiencing a significant downturn driven by a sell-off in artificial intelligence (AI) stocks. • The impact is particularly severe in Asia, where the South Korean market has plunged by 10 percent. • This volatility marks a return of investor anxiety regarding the valuation and sustainability of the AI-driven market rally.

• AI-related stocks are experiencing a significant downturn, triggering a return of volatility to global financial markets. • The sell-off heavily impacted Asia on Tuesday, with South Korea's benchmark KOSPI index plunging by 10%. • This market correction follows a mild tech sell-off in the United States on Monday, signaling a shift in investor sentiment toward AI valuations.

• Global stock markets experienced a sharp decline on Tuesday, driven by a widespread sell-off in AI-related assets. • South Korea's Kospi index plummeted 10%, triggering a circuit breaker that halted trading for a 20-minute cooling-off period. • The volatility spread to Wall Street, resulting in the S&P 500 and Nasdaq recording their worst single-day performances in approximately two weeks.

Biotech firm Immutep Ltd. crashed more than 80% on March 13, 2026, becoming one of the biggest decliners amid a mixed US market session pressured by geopolitical fears. The plunge contrasted with gains in AI leaders like Intel (+1.7%), Tesla (steady at $395), and Nokia (+1.4%), highlighting sector rotation. This extreme volatility amplifies risks in biotech amid elevated VIX at 26.49 and weekly index losses. Investors may monitor clinical trial updates or funding news for rebound potential.