Global Stocks Sell Off

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. 9%, with individual chip stocks notching big losses.

4% and AMD was down by 6%. Chipmaking giant Nvidia was 3% lower. 6% lower in pre-market trading after falling 16% during Monday's regular session. A pullback in the wider tech sector dragged both the S&P 500 and the Nasdaq Composite lower on Monday, with investors rotating out of the so-called "Magnificent Seven" stocks.

7%, respectively. This is a developing story, please refresh for updates.