BUSINESSWPLG LOCAL 10 MIAMI
Oil prices slip and world shares are mixed as investors sell AI stocks in Asia
Oil prices and world shares were mixed as investors sold AI-related stocks in Asia, with South Korea’s Kospi falling over 16% in two days. U.S. strikes on Iran and concerns over AI sector investments contributed to market volatility, while European indices saw modest gains and U.S. stocks remained lower amid the Fed’s decision to keep interest rates steady.
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- World shares are mixed and South Korea's Kospi drops 4.5% as some AI stocks swoon
- South Korea's Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing
- Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs
- Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
- World shares are mixed and South Korea's Kospi share index falls 6%, while oil prices surge
- Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks