World Market News of the 25 July with FXOpen #stockmarket #sp500 #nikkei #ftse100 #kospi #hangseng

☑️ STOCKS SELLOFF GOES GLOBAL AS CHIPMAKERS PLUNGE Stocks tumbled around the world, with chipmakers leading losses, as investors pulled back on the artificial-intelligence frenzy and earnings disappointed. The Stoxx 600 sank more than 1%, extending the big tech rout on Wall Street. Nestle SA, Stellantis NV and Kering SA dropped on earnings that missed estimates. French stocks were on the verge of a 10% correction. US stock index futures were little changed after the S&P 500’s 2.3% slump on Wednesday. Yields on two-year Treasuries dropped to %. Source: Bloomberg ☑️ ASIAN SHARES DIVE AFTER A WIPEOUT ON WALL STREET AS BIG TECH SKIDS Asian shares dropped in Thursday morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing down more than 3%, as pessimism set in over a nose-dive on Wall Street. Japan’s benchmark Nikkei 225 lost 3.3% to 37,. Australia’s S&P/ASX 200 shed 1.2% to 7,. South Korea’s Kospi decli