{"id":74233,"date":"2026-11-05T20:38:18","date_gmt":"2026-11-06T00:38:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-as-tech-selloff-intensifies-and-geopolitical-tensions-rise\/74233\/"},"modified":"2026-11-05T20:38:18","modified_gmt":"2026-11-06T00:38:18","slug":"global-markets-shaken-as-tech-selloff-intensifies-and-geopolitical-tensions-rise","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-as-tech-selloff-intensifies-and-geopolitical-tensions-rise\/74233\/","title":{"rendered":"Global Markets Shaken as Tech Selloff Intensifies and Geopolitical Tensions Rise"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Asia-Pacific equities plummeted<\/strong> on Friday, led by an <strong>8.8% crash in South Korea\u2019s KOSPI<\/strong>, which triggered a circuit breaker as technology exposure was slashed globally.<\/li>\n<li><strong>Japanese tech giants collapsed<\/strong> in Tokyo trading, with SoftBank Group (<a href=\"\/stock\/9984\">9984<\/a>) falling <strong>14%<\/strong> and Tokyo Electron (<a href=\"\/stock\/8035\">8035<\/a>) sliding <strong>13%<\/strong> amid fears of slowing AI infrastructure demand.<\/li>\n<li><strong>Safe-haven demand surged<\/strong>, driving the <strong>2-year Japanese government bond yield down 6 bps to 1.795%<\/strong> and pushing Spot <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> toward <strong>$4,100 an ounce<\/strong>.<\/li>\n<li><strong>Geopolitical shifts<\/strong> under the Trump administration have sparked volatility, following the announcement of an <strong>end to U.S. aid for Israel<\/strong> and the scheduling of trilateral peace talks between the <strong>U.S., Ukraine, and Russia<\/strong>.<\/li>\n<li><strong>AI infrastructure delays<\/strong> emerged as IREN (<a href=\"\/stock\/IREN\">IREN<\/a>) reported setbacks at its Texas data center due to networking modifications requested by <a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>) for newer <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) models.<\/li>\n<\/ul>\n<p>A massive wave of selling swept through global markets on Friday, erasing post-election gains as investors aggressively reduced exposure to the semiconductor and artificial intelligence sectors. The <strong>Asia-Pacific region bore the brunt of the volatility<\/strong>, with South Korea&#39;s <strong>KOSPI index tumbling 8.8%<\/strong>, falling back below the critical 5,000 milestone and forcing a temporary halt in trading.<\/p>\n<p>In Japan, Prime Minister Takaichi acknowledged the <strong>&quot;steep falls&quot; in AI and semiconductor shares<\/strong>, stating that it remains unclear if the selloff is a short-term correction or the start of a deeper trend. Major tech constituents saw historic declines; SoftBank Group (<a href=\"\/stock\/9984\">9984<\/a>) plunged <strong>14%<\/strong> and Tokyo Electron (<a href=\"\/stock\/8035\">8035<\/a>) dropped <strong>13%<\/strong>, as market participants questioned the sustainability of massive capital expenditures in data center expansion.<\/p>\n<p>The flight to safety was immediate, sparking a <strong>rally in Japanese government bonds<\/strong> as yields inverted further. The <strong>2-year JGB yield dropped 6 basis points to 1.795%<\/strong>, reflecting a classic &quot;risk-off&quot; move into sovereign debt. Meanwhile, <strong>Spot Gold rose 0.9% to $4,099.15<\/strong>, though gains were slightly capped as some investors were forced to sell the metal to raise cash to cover losses in their technology portfolios.<\/p>\n<p>Adding to the market&#39;s unease are significant shifts in U.S. foreign policy that have sent shockwaves through geopolitical circles. Israeli President Isaac Herzog described the White House&#39;s decision to <strong>end U.S. aid to Israel<\/strong> as a &quot;bolt from the blue.&quot; Simultaneously, U.S. Envoy Kushner announced that the first <strong>trilateral peace talks<\/strong> between the U.S., Ukraine, and Russia since February are set to take place in Abu Dhabi next week.<\/p>\n<p>On the corporate front, technical hurdles are beginning to manifest in the AI supply chain. IREN (<a href=\"\/stock\/IREN\">IREN<\/a>), a firm backed by <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>), reported that its major Texas data center project is <strong>running behind schedule<\/strong>. The delay was attributed to <a href=\"https:\/\/stockmarketwatch.com\/stock\/MSFT\" data-internallinksmanager029f6b8e52c=\"18\" title=\"Stock: MSFT\">Microsoft<\/a> (<a href=\"\/stock\/MSFT\">MSFT<\/a>) requesting networking modifications to accommodate more advanced AI models, highlighting the <em>increasing complexity and physical limitations<\/em> of scaling next-generation computing infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Asia-Pacific equities plummeted on Friday, led by an 8.8% crash in South Korea\u2019s KOSPI, which triggered a circuit 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