TechFlow news, according to Jinshi Data, Asian stock markets closed lower amid a global tech stock sell-off and weak U.S. economic data. The Nikkei 225 Index dropped 5.8%, its biggest single-day decline since March 2020, falling below the 36,000 level for the first time since January 26. The Tokyo Stock Price Index plunged over 6%, marking its largest daily drop since 2016. Taiwan's Weighted Index fell 4.4%, with the semiconductor sector leading losses; TSMC declined nearly 6%. At the time of reporting, South Korea's KOSPI index was down nearly 4%, while the Philippines' stock index dropped over 2%.
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