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Nasdaq futures sharply lower as tech sell off bleeds into global markets; South Korea's Kospi falls 10%: Live updates

The decline in tech stocks has had a ripple effect on global markets, with Nasdaq futures experiencing a sharp drop.

Source CNBC AI Summary Updated 1h 23m ago

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The decline in tech stocks has had a ripple effect on global markets, with Nasdaq futures experiencing a sharp drop. This downturn is a continuation of the sell-off that began in regular trading on Monday. The impact of this decline is being felt beyond the US, with South Korea's Kospi index experiencing a significant drop of 10%. This suggests that the tech sector's struggles are having far-reaching consequences. The extent to which this downturn will continue remains to be seen, but for now, it appears that the tech sector's woes are having a broader impact on global markets.

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