Global Stock Markets Decline, Led by Tech Sector Weakness and Asian Selloff
Worldwide equity markets are experiencing significant pressure, with the MSCI All Country World Index reaching a two-week low. This downturn is largely attributed to volatility in the technology sector and a sharp selloff across Asian markets, including a trading halt on South Korea's KOSPI index. U.S. futures are also lower, reflecting a broader rotation away from high-growth assets.
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