Markets Retreat as Momentum Stocks and Commodities Correct

Group of fund manager analyzing big data for future investment

Equity markets are under pressure this morning, extending yesterday’s 1.3% retreat by the NASDAQ, with selling particularly pronounced in markets tied to momentum stocks and the AI trade. South Korea’s KOSPI is down 10.0%, Taiwan is down 5.4%, the Nikkei is down 3.6%, and the Hang Seng is down 1.8%. Micron Technology is down 7.9% […]