The South Korean KOSPI index experienced a sharp 7.00% intraday plunge, with Samsung and SK Hynix falling by 9.8% and 9.04% respectively.
BlockBeats News, May 15th, according to Bitget market data, the surge in oil prices and limited progress in US-Iran peace negotiations have intensified market concerns over inflation and economic outlook uncertainty.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Target price slashed by 26% overnight! Morgan Stanley: Caterpillar (CAT.US)'s AI myth is gradually being exposed by the market cycle.
Morgan Stanley has cut Caterpillar's target price from $915 to $675, a reduction of 26%. The bank believes its AI narrative is giving way to the cyclical outlook, signaling that the stock has officially entered a valuation correction.
Morgan Stanley: Gross margin recovery path is clear, reiterates “Overweight” rating on STMicroelectronics (STM.US)
Morgan Stanley maintains its "Overweight" rating on STMicroelectronics and sets the target price at 65 euros.
Ethereum community releases proposal for "STVA Range Limited Authorization Token"
Strategy eyes more Bitcoin buys as Saylor touts $30B credit capacity
Crypto prices
More
