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Asia-Pacific · Daily Close

Asia-Pacific closed broadly down.

Thursday, July 2, 2026 · AI-powered market analysis by MarketBell
Bias
Bear
5 up · 4 down
Breadth
5/9
rising
Avg move
-1.08%
region avg
Top mover
KOSPI
-7.89%
Markets Closed
Nikkei 225Japan$68,733-2.47%
SSE CompositeChina$4028.90-2.03%
Hang SengHong Kong$23,055+0.76%
KOSPISouth Korea$7648.09-7.89%
SENSEXIndia$77,499+0.75%
NIFTY 50India$24,167+0.67%
ASX 200Australia$8724.50+0.02%
TAIEXTaiwan$46,744-0.58%
STISingapore$5217.15+1.08%
Why Asia-Pacific closed broadly down
Semiconductor Sell‑off

KOSPI plunged sharply as heavyweight chipmakers slumped amid a wave of selling in semiconductor stocks linked to AI overcapacity concerns.

Meta Cloud Plans

Markets fell following reports that Meta Platforms plans to sell excess AI computing capacity, denting memory demand expectations.

US Jobs Data Risk

Markets declined as investors rotated out of chip stocks ahead of a key US jobs report that could reinforce higher Fed rate expectations.

Commodities Spot
Gold$4082.00+0.34%
Silver$60.40+0.52%
WTI Crude$67.50-1.57%
Brent Crude$70.52-1.47%
Bitcoin$61,024+1.70%
VIX$16.69+0.60%
US 10Y Yield$4.47+1.89%

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