According to analysis provider UanalyzeData, on June 23, Nasdaq-100 futures plunged 2.6% during pre-market trading, with S&P 500 futures sliding 1.39% and Dow Jones Industrial Average futures falling 0.59%, as a broad technology stock selloff rippled across global markets. Major tech stocks sustained sharp losses, including Amazon down nearly 5%, Alphabet down 5%, Meta down 2%, and SpaceX down 16%.
The selloff spread rapidly through Asia and Europe. South Korea's Kospi index fell nearly 10%, while Japan's Nikkei 225 declined 3.55%, Hong Kong's Hang Seng dropped 1.82%, and China's CSI 300 slid 2.77%. Taiwan's weighted index fell 1.34%, or 640.86 points, to 47,100.65. In Europe, the STOXX 600 index declined 1.3%, while the STOXX Europe Technology index plummeted 3.4% to its largest single-day drop since February.