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The Economic Times — Marketseconomictimes.indiatimes.com

Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps (opens original article in a new tab)

TL;DR

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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