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Verilumia

The Daily Verified Briefing

Markets

South Korean semiconductor crash sparks market selloff

Published 23 June 2026

Global stock markets experienced a sharp selloff on Tuesday, led by a dramatic crash in South Korean semiconductor stocks that triggered a wave of risk aversion across technology shares and cryptocurrency. The turmoil began in Asia before U.S. equity futures opened sharply lower, signaling a weak start for Wall Street.

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