Stock market sentiment appeared to stabilise into the Asian day with equity-index futures for the S&P 500 and the Nasdaq 100 edging up 0.2%. Show Quick Read Summary is AI Generated. Newsroom Reviewed
The selloff in stocks after a brief Nvidia Corp.-led rally spread from Wall Street to Asia, as renewed concerns over the artificial intelligence sector prompted investors to pull back from riskier assets. Bitcoin weakened.
The Kospi Index — a poster child for AI exuberance — tumbled as much as 4.1% and is poised for its worst week since early March. The Topix in Japan is set for the biggest weekly drop since April as volatility spiked on Wall Street and technology stocks took a beating. Amid the weakness, Bitcoin traded around $87,000, after sinking below that level for the first time s

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