19 Hrs
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الاقتصادية
Source: الاقتصادية
19 Hrsالاقتصادية
Source: الاقتصادية
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Asian stocks retreated as losses among US chipmakers deepened amid concerns about AI spending and elevated valuations. The MSCI Asia-Pacific Index fell 0.7%, while South Korea’s Kospi dropped more than 3%. Losses in the US semiconductor stocks index reached 12% over three days, while the Nasdaq 100 fell 10% from its peak, entering correction territory. A sharp drop in oil prices, amid signs of progress in US-Iran peace talks, did little to ease investors’ aversion to technology stocks.
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