TradingKey – On June 23, Eastern Time, the three major U.S. stock index futures fell collectively in pre-market trading. As of press time, Dow futures (YM) fell 0.48%, S&P 500 futures (ES) fell 1.32%, and Nasdaq 100 futures (NQ) dropped 2.70%, shed more than 800 points.

[Source: CME Group]

Asia-Pacific markets were the first to reflect the pessimistic sentiment. The Nikkei 225 closed down 3.55% at 69,788 points, with Kioxia falling over 15% and SoftBank down more than 10%; South Korea’s KOSPI tumbled 9.99% to 8,203 points, marking its largest single-day drop since March 4, while Samsung Electronics and SK Hynix both fell over 12%.

In commodities, international oil prices faced significant selling pressure, impacted by a breakthrough in…