S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The Shanghai Composite slipped 1.4% to 4,054 on Thursday, snapping a three-day winning streak, while the Shenzhen Component tumbled 2.7% to 15,678, extending losses from the previous session. Both benchmarks were pressured by a broad selloff in technology stocks as investors reassessed the sustainability of the recent AI-driven rally amid concerns that valuations had risen too quickly. Sentiment was also weighed down by reports that Apple is in talks to source memory chips from Chinese manufacturers ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Co. (YMTC), a move that could attract scrutiny from US policymakers amid heightened tensions between Washington and Beijing over advanced technology. Among the worst-performing technology stocks were Cambricon Technologies (-6.9%), SMIC (-2.7%), Hygon Information Technology (-5.5%), Zhongji Innolight (-3.7%), Eoptolink Technology (-5.2%), and Victory Giant Technology (-5.7%).
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