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Global markets tumble after US tech stock sell-off
Stocks have declined across the UK and Europe following a weekend of tariff announcements from US President Donald Trump, who also warned that the European Union could be the next target.
International financial markets have retreated following a significant sell-off of technology stocks, driven by the fallout from US mid-term elections and growing fears regarding a potential AI “bubble.”
Technology companies have seen <a s <a The S&P 500 shed more than 4%, and the Korean Kospi is down by 5%.
“The memory-chip bubble there had already burst around June, with <a It is possible that we have reached boiling point in Nasdaq too, and now value has started evaporating."
