Asian technology shares plunge after Wall Street selloff

Asian stock indices fell sharply on Friday, a day after technology shares on Wall Street posted steep losses.

• Japan's Nikkei closed down 5.96% at 57,434.77 points, its largest one-day percentage decline since April 2025.
• South Korea's Kospi closed 6.02% lower at 5,059.69 points after falling as much as 8.8% during the session, triggering a temporary trading halt.
• The S&P 500 fell about 4.4% and the Nasdaq Composite 5.5% on Thursday, while the Philadelphia Semiconductor Index dropped roughly 12%.
• Trump said in a Truth Social post that the market "crashed today because the Democrats had a big win on Tuesday."
• The FTSE 100 fell 1.5% at the London open, while Germany's DAX, France's CAC 40 and Spain's Ibex also dropped sharply.
• Taiwan's index plunged more than 8%, and authorities in South Korea, China and Taiwan intervened to stem the selling.
• The Nasdaq's 5.5% slide wiped about $3 trillion off the value of S&P 500 firms.