HighNeutral
Announced Wed, 24 Jun · 06:47 IST

Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Asian markets rebounded sharply in early trade, with the MSCI Asia Pacific Index rising nearly 1% after a 3.6% slump on Tuesday. The chip-heavy Kospi climbed about 4%, with Samsung Electronics surging 10% on reports of a possible buyback, almost erasing the previous session's losses. US equity futures also edged higher ahead of Micron Technology's earnings, seen as a key test of AI infrastructure demand, while Brent crude slipped below $77 a barrel on easing Middle East tensions and Treasury yields fell on softer Fed tightening expectations.