KOSPI crashes nearly 10 pct on massive tech sell-offs (opens original article in a new tab)

South Korean stocks crashed nearly 10 percent as foreign investors sold tech shares, triggering a circuit breaker. The KOSPI fell 9.99 percent, while U.S. tech stocks also declined.

• South Korean stocks fell nearly 10 percent due to foreign investor selling of tech shares and market heavyweights.
• The KOSPI hit a 9.99 percent drop, triggering a circuit breaker for the fourth time this year.
• U.S. tech stocks declined, with SpaceX shares falling over 16 percent amid fundraising efforts.