Global stocks fell $1.3T as AI trade reverses, impacting tech stocks. Market signals show a 97% NO on a rebound in tech by year-end.

Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

Global stocks fell $1.3T as AI trade reverses, impacting tech stocks. Market signals show a 97% NO on a rebound in tech by year-end.