Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps (opens original article in a new tab)
Asian markets rebounded from a tech-led selloff, with South Korea's Kospi surging as investors await Micron Technology's results, while oil prices dipped and Treasuries advanced.
- Asian markets rebounded after a tech-led global selloff
- South Korea's Kospi surged 4% led by Samsung Electronics
- Investors await Micron Technology's results for AI infrastructure demand clues
- Oil prices dipped as tanker traffic visibility improved
- Treasuries advanced as equity selloff eased Fed rate hike pressure
- Brent crude fell below $77 a barrel due to improved tanker traffic through Hormuz
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