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Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
Asian shares fell sharply on Friday, with Japan's Nikkei 225 and South Korea's Kospi dropping 4.4% and 7.7% respectively, as traders sold to secure profits after recent gains in AI-related stocks. Hong Kong's Hang Seng and Shanghai Composite also declined, reflecting typical volatility in response to AI sector developments.
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- Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
- Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
- Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
- World shares mostly decline, with South Korea's Kospi down more than 5%
- Asian shares drop after plunge in Big Tech stocks gives Wall St its worst day in months
- Asian shares slip after another sell-off of AI stocks on Wall St, while oil prices rise