Nasdaq futures sharply lower as tech sell off bleeds into global markets; South Korea's Kospi falls 10%: Live updates

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S. June 22, 2026. Brendan McDermid | Reuters Elon Musk's rocket maker SpaceX fell 16% and posted its third straight negative session. The tech sell-off went on to grip international markets on Tuesday. Asia-Pacific markets closed in the red after giving up gains from early in the session, with South Korea's Kospi leading the region's losses. The benchmark index was down almost 10%, ending the trading day at 8,203.84, while Japan's Nikkei 225 declined 3.55% to close the trading day at 69,788.38, breaking eight sessions of gains. In Australia, the S&P/ASX 200 lost 0.33% to 8,787. Hong Kong's Hang Seng Index fell 1.82% to close at 23,336.28, while mainland China's CSI 300 was down 2.77% to 4,919.39. European shares also fell sharply on Tuesday, with the pan-European Stoxx 600 down 1.2% in early trading. The Stoxx 600 Technology index led regional losses, with a decline of 3.2%. Dutch semiconductor equipment maker ASMI and chipmaker STMicroelectronics, both down more than 6%, were among the biggest downward movers on the Stoxx 600. "Anything AI- and tech-related is still an area of focus for retail traders. They're just not as active in individual stocks as they have been in the past," said Liz Ann Sonders , chief investment strategist at Charles Schwab, on CNBC's " Closing Bell " on Monday afternoon. …