Global Stocks Fall on Middle East Conflict and Tech Rout
Global markets declined on Monday as escalating Middle East hostilities pushed oil prices higher and investors exited AI-linked shares. South Korea's KOSPI led losses with an 8.3 percent drop following a strong U.S. jobs report that shifted interest rate expectations.
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Global equity markets retreated Monday morning as escalating Middle East hostilities and a sharp technology selloff erased recent gains. The South Korea KOSPI led losses with an 8.3% slide after United States jobs data fueled interest rate hike fears. This shift in sentiment follows a period of record highs and suggests a transition toward tighter liquidity and higher Treasury yields.
