Global stocks plunge as tech sell-off deepens

Jun 23, 2026
global-stocks-plunge-as-tech-sell-off-deepens

Democracy Dies in Darkness

Global stocks fell sharply and appeared poised to extend losses in a sell-off driven by tech heavyweights.

June 23, 2026 at 9:47 a.m. EDT32 minutes ago

Traders work on the floor at the New York Stock Exchange in 2023. (Seth Wenig/AP)

Global stocks fell sharply Tuesday and appeared poised to extend losses in a sell-off driven by tech heavyweights. The Nasdaq composite index was down more than 2 percent at the market’s open.

South Korea’s KOSPI index fell nearly 10 percent, with Samsung Electronics and semiconductor maker SK Hynix each losing more than 12 percent of their value. The sell-off triggered a trading halt Tuesday afternoon, according to South Korean news agency Yonhap.


Leave a comment