The Intelligence Layer Beyond Your Own Book

A global selloff in semiconductor stocks intensified as investors retreated amid elevated bond yields and geopolitical uncertainty. Samsung Electronics and SK Hynix slumped more than 7% in Seoul, sending the KOSPI down 6.09% overnight. This followed a 0.69% fall in the S&P 500 yesterday, while Nasdaq 100 futures are down 0.47% and S&P 500 futures are 0.20% lower this morning.

Global equities are under pressure this morning as a sharp sell-off in government bonds pushes borrowing costs higher and investors reassess inflation risks. Nasdaq 100 futures are down 0.77%, while S&P 500 futures are 0.39% lower at 7,740.0 this morning.

Gold rose 0.4% to around $4,395 an ounce as a weaker dollar and falling Fed hike expectations supported demand for the precious metal. Copper also climbed toward a record high, with spot prices reaching $478 a ton, reflecting stronger risk appetite and optimism around global industrial and AI-related demand.