{"id":74303,"date":"2026-06-08T08:38:40","date_gmt":"2026-06-08T08:38:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/06\/08\/asian-shares-retreat-as-tech-selloff-deepens\/"},"modified":"2026-06-08T08:38:40","modified_gmt":"2026-06-08T08:38:40","slug":"asian-shares-retreat-as-tech-selloff-deepens","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/06\/08\/asian-shares-retreat-as-tech-selloff-deepens\/","title":{"rendered":"Asian Shares Retreat As Tech Selloff Deepens"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Asian <span class=\"landLinks\">markets<\/span> declined on Monday as a selloff in tech shares gathered momentum following Broadcom&#8217;s disappointing AI outlook. <\/p>\n<p>Markets were also spooked by higher bond yields and interest rate worries after U.S. jobs data for May blew past expectations.<\/p>\n<p>The dollar scaled a two-month peak while gold fell towards $4,300 an ounce as traders ramped up bets on a Federal Reserve rate hike this year. <\/p>\n<p class=\"fade-paragraph\">Brent crude futures jumped more than 4 percent above $97 a barrel, rebounding from a two-session decline after Iran and Israel exchanged missile strikes, casting doubt on the futures of a fragile ceasefire in the Middle East. <\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.<\/p>\n<p>Start Free Trial<\/p>\n<p>FREE 7-Day Trial &#8211; No Payment Required<\/p>\n<\/div>\n<p>Business News<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Asian Shares Retreat As Tech Selloff Deepens<\/a><br \/>\n<br \/>2026-06-08 08:38:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian markets declined on Monday as a selloff in tech shares gathered momentum following Broadcom&#8217;s disappointing AI outlook. Markets were also spooked by higher bond yields and interest rate worries&#8230;<\/p>\n","protected":false},"author":2,"featured_media":74304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-74303","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=74303"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/74304"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=74303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=74303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=74303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}