Global markets flash risk‑off
Equity markets have gone risk‑off: S&P 500 sits 7–9% below January highs and the Nasdaq is down roughly 11–13% as investors price geopolitical shock. - Asia opened hard — Japan’s Nikkei dropped ~2,400 points (~5%) and South Korea’s Kospi slid over 4% on Monday as oil and geopolitical risk spooked flows ( ).
Wall Street logged a fifth straight weekly decline this month and the Dow plunged almost 800 points on March 26, formally entering correction territory. (cnbc.com)) A Morgan Stanley table compiled by market analysts shows roughly 42% of S&P 500 constituents are down 20% or more from their 52‑week highs, signalling a sharp collapse in market breadth beneath headline index levels. (investing.com)) Bank of America client‑flow data for the week of March 16–20 recorded about $8.3 billion of single‑stock outflows and roughly $1.1 billion of equity‑ETF outflows — one of the largest weekly institutional selloffs since 2008. (benzinga.com)) Brent crude extended its rally above $115 per barrel on March 30 while global crude benchmarks such as WTI were trading near $101–102 a barrel, keeping energy‑sensitive markets on edge. (tradingeconomics.com)) The IEA says tanker movements through the Strait of Hormuz have nearly halted and Gulf producers have cut output by at least 10 million barrels per day, creating one of the largest supply disruptions on record. (iea.org)) In Seoul, semiconductor leaders amplified the selloff: Samsung Electronics sank more than 5% in early trade and SK hynix plunged as much as about 6%, while analysts note foreign investors dumped over 30 trillion won from the KOSPI during March. (chosun.com)) Intraday losers on U.S. large‑cap lists reinforced concentrated selling: names such as Datadog, Moderna and Coinbase each posted single‑session drops in the high single digits on recent selloffs. (slickcharts.com))
