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Tech selloff drags down global mkt

Business Standard

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November 06, 2025

Stock markets fell on Wednesday, as a selloff in global tech shares dragged down markets from Tokyo to Frankfurt, driving volatility to highs not seen since April and helping underpin safe-haven assets like gold and government bonds.

- REUTERS

Asia stocks were hit particularly hard overnight, pushing Japan's Nikkei down nearly 2.5 per cent, while shares in South Korea’s Kospi plunged as much as 6.2 per cent before clawing back some losses to be down 2.8 percent.

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