Asian shares fall, tracking Wall Street's tumble on worries about AI stocks and interest rates 37 mins ago Asian shares are lower, tracking Wall Street’s tumble to one of its worst days since April as Nvidia and other AI superstar stocks kept dropping on worries their prices have shot too high. South Korea's Kospi sank 3.2%. U.S. futures were little changed and oil prices advanced. On Thursday, the S&P 500 sank 1.7% and the Dow Jones Industrial Average also dropped fell 1.7%. The Nasdaq composite lost 2.3%. Nvidia and other AI superstar stocks dragged the market lower amid continued worries that their prices had shot too high. Questions about whether coming cuts to interest rates that Wall Street has been banking on will actually happen also have dimmed investor sentiment.
Asian shares fall, tracking Wall Street's tumble on worries about AI stocks and interest rates
The Traverse City Record-Eagle1 hrs ago
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