Pacific Markets Deepen Losses Amid Tech Selloff and U.S. Strikes on Iran
Published on: June 11, 2026, 5:47 a.m. | Source: scanx.trade
Asia-Pacific equity markets recorded sharp declines as the ASX 200 fell -1.03%, Nikkei 225 dropped -2.64%, and KOSPI tumbled -3.85%, driven by an ongoing technology sector reversal on Wall Street and escalating geopolitical tensions stemming from fresh U.S. military strikes on Iran. South Korea's KOSPI led regional losses, reflecting heightened exposure to both global tech trends and geopolitical risk, while no major market escaped the broad-based selloff.
