Korean Stocks Fall More Than 4% From Record High on Tech Selloff

European stocks are prepared for a decline as a tech selloff impacts markets. Similarly, South Korean stocks have fallen more than 4% from their record highs. This downturn is driven by investors selling off chip heavyweights due to renewed concerns that the previous rally had become overstretched. Both regions are facing downward pressure as the volatility in the technology sector continues to influence broader market sentiment and investor behavior across global financial hubs.