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Global Market Today: Asian stocks decline led by tech, oil holds steady
Asian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile session on Wall Street, where tech giants like Apple experienced significant declines. Investors are closely watching the sustainability of high tech valuations amid concerns over AI spending and potential interest rate adjustments by the Federal Reserve.
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economictimes.indiatimes.com
Nasdaq futures drop 2% as AI cost fears, Fed outlook weigh; SpaceX slips 5%
Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed…
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swissinfo.ch
Asian Stocks Set to Extend AI Chip-Fueled Selloff: Markets Wrap
(Bloomberg) -- Stocks in Asia looked poised to extend Tuesday’s losses after a bruising Wall Street tech-led selloff deepened concerns that the artificial intelligence-driven…
