Tech stock sell-off intensifies as markets await UK GDP report for August – business live

Tech stock sell-off intensifies as markets await UK GDP report for August – business live - short news


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“Markets have just had an incredibly tumultuous 24 hours, as a strong US CPI print was then followed up with mounting fears around the AI trade”, reports Jim Reid, strategist at Deutsche Bank.

He adds:

Moreover, there’s been a huge selloff in Asia overnight, with the KOSPI (-7.04%) and the Nikkei (-5.08%) both slumping, and the KOSPI even saw a circuit breaker triggered earlier given the scale of the..


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source: The Guardian - 15.10.2026

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