Futures Drop On Souring Chipmaker Sentiment, Kospi Plunge
--------------------------------------------------------------------
Source: Zero Hedge
Published: 2026-06-05 22:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, South Korea, Technology & AI, Economy & Finance, Financial Markets, Trade & Sanctions, World News, Business & Economy, Asia Pacific, Technology
--------------------------------------------------------------------
Snippet:
Futures are lower amid fresh underperformance of tech. If the premarket weakness persists, the S&P 500 is set to break a historic weekly run of gains as the AI trade takes another leg lower this time driven by the cartoonish Kospi index, with investors also expecting payrolls data to affirm that interest rates will stay higher for longer (full payrolls preview here).
--------------------------------------------------------------------