Daily Briefing — June 23, 2026 | Global Tech Selloff Meets Higher-for-Longer Rates

Daily Briefing — June 23, 2026 | Global Tech Selloff Meets Higher-for-Longer Rates

Published: June 23, 2026

Duration: 23:17

Global markets spent June 23 in risk‑off mode, with a sharp selloff in technology and semiconductor stocks rippling from Asia through Europe and into US trading. In today’s Slotly News briefing, we walk through the 10 percent plunge in South Korea’s KOSPI, heavy losses in SK Hynix and Samsung, and the pullback in Japan’s Nikkei after a multi‑decade high and the Bank of Japan’s first meaningful rate hike in years. We then examine how European indices, including the DAX, CAC, and FTSE 100, responded to the tech rout, and why UK equities ultimately diverged from the broader weak...