US EditionAsian Stock Markets in the Red
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4 Articles
US stocks closed mixed yesterday, with the S&P 500 and Nasdaq up on fresh news about artificial intelligence, including Amazon's $38 billion deal with OpenAI. Asian markets were characterized by profit-taking, with the region's leading stock indexes falling accordingly, and European markets also reversed their positive momentum, with stock markets starting to fall significantly.
Major stock market indices in Asia are down today, with investors' sentiment weighed down by concerns about the overblown growth of the US technology sector, fueled by multi-billion dollar investments in artificial intelligence, Reuters reports.
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