Squawk Box Europe Express

← Squawk Box Europe Express3 days ago · 29 min

Financing fears fuel tech sell-off

Financing fears fuel tech sell-off3 days ago29 min

Tech stocks sell off across Asia, with trade on South Korea's Kospi briefly halted following a fall in U.S. chip names. Elsewhere, the IMF hikes it outlook for global growth this year, as the AI investment boom offsets the impact of surging energy. Meanwhile, Ukraine accuses Russia of continuing to strike energy infrastructure, just a day after President Trump announces his 'energy ceasefire'. And it's more gloom for the luxury sector - LVMH misses third quarter sales forecasts as a slump in China hits flagship brands Louis Vuitton and Dior.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.