Global Market Today: Asian equities decline as chip selloff extends - The Economic Times
• Asian equity markets declined today as a sharp selloff in semiconductor shares triggered a broader downturn across the region. • The bearish sentiment was driven by a combination of rising bond yields, escalating oil prices, and heightened Middle East tensions. • Investors are retreating from growth stocks due to mounting concerns over global inflation, increasing debt levels, and the impact of US monetary policy.
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