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Asian Tech Stocks Tumble, Triggering Circuit Breakers in South Korea
Asian stock markets dropped on Friday, with South Korea's Kospi falling 5.8% after an 8% intraday drop triggered a circuit breaker. Japan's Nikkei 225 closed over 4% lower as SoftBank tumbled 12.5%. The sell-off followed sharp declines in US tech shares, including Apple's 6% fall after announcing price increases due to rising component costs.
Jul 8, 2026 1 source