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الاقتصادية
Global tech stocks fall on rate hike fears
The global sell-off wave deepened in the stock markets, with shares related to artificial intelligence and the most important indices in Wall Street and Asia experiencing significant declines. The MSCI Asia-Pacific index fell by 2.9%, and the Korean Kospi declined by more than 8%. The rise in US inflation, which recorded its fastest pace in five months, increased expectations of interest rate hikes by the Federal Reserve, putting additional pressure on technology stocks—especially as shares of chip companies like Samsung and SK Hynix declined by over 9%. Meanwhile, US Treasury bonds rose as a safe haven, with their yields falling, and gold prices increased, while Brent crude oil trimmed its gains. This reflects investors' concerns about rising inflation and its impact on the stock market, amid anticipation of statements from the Federal Reserve chair that could signal further rate hikes. The stocks of artificial intelligence companies were also affected by the results of major companies in the sector.
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