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Live: Us Chip Stocks Slide 8-13% | Kospi Recovers In Early Trade | Oil Below $80 | Opening Bell

Global markets are beginning the session with a cautious undertone after a sharp selloff in US technology stocks, led by steep declines in semiconductor names. The Nasdaq fell 2.2% as investors grappled with elevated Treasury yields and a firm US dollar, while Asian markets are showing mixed signals with the Kospi recovering despite MSCI keeping South Korea on its emerging markets list. Oil prices remain below $80 a barrel, easing some concerns around inflation and import costs. Back home, the Nifty ended near the day's low in the previous session and Gift Nifty is indicating a subdued start. Investors will now closely watch the US PCE inflation data, which is expected to play a key role in shaping the Federal Reserve's rate outlook and the next move in global markets.

#FederalReserve #FOMC #USFed #InterestRates #StockMarket #BrentCrude #OilPrices #DowJones #Nasdaq #GoldPrices #GiftNifty #OpeningBell

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Live: Us Chip Stocks Slide 8-13% | Kospi Recovers In Early Trade | Oil Below $80 | Opening Bell

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