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Global Stocks Sell Off

Global stocks sell off, led by deep losses for tech stocks, with Asia's Kospi index closing 10% lower and Europe's Stoxx 600 shedding 1.2%

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Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street. Shares in Asia were broadly lower by the end of the day's trading session, with South Korea's tech-heavy Kospi index closing 10% lower. The index was dragged down by chipmaker SK Hynix and tech giant Samsung, with both companies ending the session on losses of more than 12%. 2% in early trading.

2%. Chipmaker STMicroelectronics and Dutch semiconductor equipment maker ASMI were both down more than 7%, putting them among the biggest downward movers on the Stoxx 600. 7% ahead of Tuesday's regular trading session. This is a breaking news story, please refresh for updates.