Markets Plunge

• Asian stock markets, including Japan, South Korea, the Hang Seng Index, and the Shanghai Composite, plunged on Monday following a period of record AI-driven rallies. • Taiwan's Taiex saw a sharp decline, highlighted by a 3% drop in shares of semiconductor giant TSMC, a critical supplier for Nvidia. • The downturn is attributed to a correction after recent tech surges and renewed instability caused by attacks in Iran.

• Asian stock markets experienced a massive sell-off at the start of the week following a halt in the U.S. technology rally. • The downturn was severe enough to trigger a circuit breaker for South Korea's KOSPI index, reflecting high volatility in the region. • The crash heavily impacted tech-dominant indices in Japan, South Korea, and China, as well as financial hubs like Hong Kong and Singapore.

• Asian stock markets, including South Korea, Japan, the Hang Seng Index, and the Shanghai Composite, plunged on Monday following a period of record AI-driven gains. • Taiwan's Taiex saw a sharp decline, highlighted by a 3% drop in shares of semiconductor giant TSMC, a critical supplier for Nvidia. • The downturn is attributed to a correction after a massive tech rally and heightened geopolitical tensions following renewed attacks from Iran.

Stocks slump in Asia and Europe, gold slides and investors brace for higher oil prices after US president’s threatBusiness live – latest updatesMiddle East crisis – live updatesGlobal stock markets dropped sharply on Monday after Donald Trump threatened to “obliterate” Iran’s power plants unless the strait of Hormuz is opened.Stock markets in Asia and Europe slumped at the start of the week. Japan’s Nikkei share index dropping by 3.4%, China’s CSI 300 down 2.8%, and the South Korean Kospi fell 6.5%. Continue reading...

• President Donald Trump issued a 48-hour ultimatum demanding Iran reopen the Strait of Hormuz or face U.S. "obliteration" of key energy infrastructure, escalating the ongoing conflict into its fourth consecutive week. • U.S. stock index futures fell sharply Sunday evening: S&P 500 futures declined 0.3% to 6,542.25 points, Nasdaq 100 futures fell 0.4% to 24,008.0 points, and Dow Jones futures dropped 0.16% to 45,821.0 points, reflecting market anxiety over potential military escalation. • Major indexes have posted cumulative losses of 4-7% over the past 30 days as concerns mount over the long-term economic impact of prolonged conflict, compounded by stronger-than-expected inflation data reducing expectations for Federal Reserve rate cuts this year.