local
Asian stocks mostly decline on a sell-off of chip shares, with Kospi down nearly 8%
By Chan Ho-Him, Associated Press at KPRC 2 / Click2Houston (NBC)
· July 2, 2026
· 3 min read
Shares slumped Thursday in Japan and South Korea in the latest spate of heavy selling of computer chip stocks, while U.S. futures edged lower after modest losses on Wall Street.Oil prices fell after negotiators from the U.S. and Iran met separately with mediators from Qatar and Pakistan on Wednes...
Key takeaway South Korea’s benchmark Kospi index sank 7.
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Category: local ·
Published: July 2, 2026 ·
Source: KPRC 2 / Click2Houston (NBC) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Shares slumped Thursday in Japan and South Korea in the latest spate of heavy selling of computer chip stocks, while U.S. futures edged lower after modest losses on Wall Street.Oil prices fell after negotiators from the U.S. and Iran met separately with mediators from Qatar and Pakistan on Wednes...
When was this published? This article was first published on July 2, 2026 by KPRC 2 / Click2Houston (NBC) and curated for The Piney Point readers.
Who reported this story? This story was reported by Chan Ho-Him, Associated Press at KPRC 2 / Click2Houston (NBC). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Piney Point, or browse our daily briefing and topic hubs .
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