Asian Markets Dip Amid Profit-Taking Following Wall Street's AI Boost

Reported about 13 hours ago

Global shares fell on Tuesday as traders sold stocks to secure recent profits despite a boost from AI optimism, with European and Asian markets showing declines. Japan's Nikkei 225 slid 1.7% after a holiday, while other indexes in France, Germany, and the UK also experienced losses. Concerns about valuation bubbles in the US, particularly among AI stocks, have been rising, despite many companies exceeding earnings expectations this reporting season.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis