South Korea’s Kospi Takes the Hit

South Korea’s Kospi is leading the decline in Asia, and it’s no surprise why. The sell-off in US tech stocks has made its way across the ocean, and investors are getting nervous.

Tech Stocks in the Crosshairs

Investors are keeping a close eye on tech and tech-related stocks in the region, waiting to see if the spill-over from Wall Street will continue. It’s not looking good, and it won’t take much to send these stocks into a tailspin. The Topix, which had been flying high, is also retreating from its record highs. Don’t expect things to turn around anytime soon.