# market sell-off
Latest news and articles about market sell-off
Total: 2 articles found
Hawkish Powell, Middle East Shock and Oil Surge Send Markets Tumbling
The Fed maintained rates but Chair Powell’s hawkish tone, coupled with escalating Middle East tensions and a surge in oil prices, triggered a sharp global market selloff. Stocks and cryptocurrencies fell, Treasury yields and the dollar rose, and paradoxically precious metals dropped as real yields climbed. Investors now face the twin risks of prolonged restrictive U.S. policy and an oil-driven inflation shock, complicating the outlook for markets and central‑bank timing on future rate cuts.
Asian Equities Slammed: Nikkei Sinks Below 54,000 as KOSPI Plunges 7% and Trading Halts
On March 9, 2026, Asian markets endured a severe sell-off: Japan’s Nikkei fell beneath 54,000 and later lost about 7%, while South Korea’s KOSPI plunged roughly 7%, triggering futures circuit breakers. The move coincided with commodity weakness and rising Korean government yields, signalling a rapid repricing of risk across the region.