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Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
Asian shares fell sharply, with Tokyo's Nikkei 225 down over 4% as AI-related stocks like TSMC and Tokyo Electron declined amid concerns about unsustainable demand. Oil prices rose due to heightened Middle East tensions, while U.S. markets saw mixed performance with the S&P 500 and Nasdaq losing ground. The U.S. expanded airstrikes against Iran, targeting infrastructure near the Strait of Hormuz.
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- Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
- Slumping AI stocks overshadow gains for the rest of Wall Street, while oil prices drift
- Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower