According to MSX data, US stock index futures continued to widen their declines, with Nasdaq futures falling over 2.3%, S&P 500 futures dropping over 1.4%, and Dow futures sliding over 0.7%.

According to MSX data, US chip stocks declined in pre-market trading, with Intel (INTC.O) falling 7.6%, AMD (AMD.O) down over 6%, Qualcomm (QCOM.O) dropping 5.4%, TSMC (TSM.N) losing more than 4%, and Baidu (BIDU.O), Broadcom (AVGO.O), and Nvidia (NVDA.O) down about 3%.

Odaily Odaily reports that Gate数据显示，现货黄金失守4100美元/盎司，刷新近两周新低，日内跌幅2.21%。

According to Hyperliquid data, SPCX pre-market price is temporarily reported at $148.34, falling below the listing opening price of $150, with a 24-hour drop of 17.44%. If the US stock market opens on June 23 with the stock price remaining below $150, it means that all investors who bought and hold SPCX on the secondary market are trapped.

According to Odaily, U.S. stock futures fell on Tuesday as a sell-off in large-cap technology stocks spilled over into Asian AI-related equities, while investors awaited further developments in U.S.-Iran negotiations.

On Tuesday, the Asian tech sub-sector suffered a heavy blow, ending an eight-day winning streak. Stocks in Japan and South Korea saw a collective retreat, with South Korean shares plummeting nearly 10%. Currently, mega-cap tech stocks are exhibiting synchronized movements, with Alphabet showing weakness. SpaceX also declined as the IPO frenzy faded. Market sentiment is gradually spreading to other leading tech stocks, prompting a renewed cautious stance towards the technology sector.

This shift marks a stark contrast from last year, when nearly all AI-related companies were viewed as "gold mines," and any business mentioning AI was eagerly embraced by the market. However, the market is now entering a verification phase of "delivering results," where investors demand that massive investments in AI infrastructure yield tangible returns.

This trend is particularly pronounced for companies like SpaceX, which have negative cash flow yet still raised $75 billion from their IPO. This shift is keeping market sentiment on edge, and this week, the market's focus will turn to Micron Technology's earnings conference call. "Many investors hold AI-related stocks and have reaped substantial gains. Any volatility could prompt them to reduce positions to lock in profits,"

said Jian Shi Cortesi, a fund manager at Gam Investment Management. "Currently, tech stocks are also particularly sensitive to interest rate outlooks and potential rate hikes by the Federal Reserve." (Jin Shi)

Odaily Planet Daily News A sell-off in tech stocks hit the market, with Japanese and South Korean stock markets accelerating their declines in the afternoon. The Nikkei 225 index closed down 2,565.58 points, or 3.55%, at 69,788.38 points on Tuesday, June 23. The Korea KOSPI index closed down 910.49 points, or 9.99%, marking its largest single-day drop since March 4, at 8,204.06 points; both SK Hynix and Samsung Electronics fell over 12%.

Odaily Planet Daily News Recently, Lee Chan-jin, Governor of the Republic of Korea's Financial Supervisory Service (FSS), stated that the agency is considering introducing separate stabilization measures for single-stock leveraged ETFs. During a press conference held on June 22, 2026, Lee noted that the negative effects of single-stock leveraged ETFs have intensified. In addition to strengthening monitoring of trading activities, regulators are also weighing other market stabilization measures to hedge against the cascading risks potentially triggered by the volatile swings in single-stock leveraged ETFs tracking SK Hynix and Samsung Electronics. "I am deeply concerned that ordinary investors will find it difficult to realize substantial returns, while the profits and dividends are completely pocketed by the operating institutions," Lee said.

On May 27, 2026, single-stock leveraged ETFs with Samsung Electronics and SK Hynix as underlying assets were listed on the local Korean exchange, attracting a frenzy of market capital. According to statistics from the Republic of Korea's Financial Supervisory Service, the total market capitalization of these single-stock leveraged ETFs more than doubled from 4.5 trillion won on the listing date to 9.6 trillion won by June 12. The average daily turnover rate for these single-stock leveraged ETFs reached as high as 122.5%, far exceeding the 30.2% turnover rate of other leveraged and inverse ETFs. (Caixin)

Possibly influenced by this news, the Republic of Korea's KOSPI index once plummeted by 7% today, triggering a circuit breaker.

Odaily reported that Euro Stoxx 50 futures, Germany's DAX futures, and the UK FTSE futures have all fallen by over 1%; Nasdaq 100 futures extended losses to 1.8%, S&P 500 futures fell nearly 1%, and Dow futures dropped 0.34%.

Odaily reported that MSX data shows Japan's storage stock Kioxia's share price once fell 16%, the largest drop since November 2025.

Odaily reported that the Korea Exchange activated the circuit breaker as the KOSPI index fell 8%, suspending trading for 20 minutes. (Jin10)

Odaily reported that Serenity criticized some of Bank of America's market views on the X platform, stating that its behavior is akin to a "malicious version of Bernstein/Jim Cramer" and may mislead retail investors. According to reports, Bank of America claimed that South Korea's KOSPI index and the Korea ETF (EWY) are in an "extreme bubble" state, drawing a comparison to the March silver crash, which prompted some retail investors to sell their holdings. However, the Korean stock market subsequently continued to rise, nearly doubling and hitting an all-time high.

Serenity added that Bank of America recently also put forward a view "expecting 3 rate cuts in 2026," which deviates significantly from derivatives market pricing, with the market currently seeing the probability of this scenario as close to 0%. Such predictions could trigger retail panic while also contradicting the Trump administration's previous stance in favor of rate cuts. As a major U.S. bank, issuing such "junk predictions" and disseminating them to retail investors is a harmful practice.

Odaily报道：韩国交易所因 KOSPI 指数下跌 8%触发熔断机制，交易暂停 20 分钟。