FXCG – Asian Stocks Fall as Tech Sell-Off Intensifies

Asian stocks fell for the second straight day, with selling pressure intensifying on tech stocks, further fueled by investor concerns about overvaluation and massive spending in the artificial intelligence sector. The MSCI Asia Pacific Index fell 0.7%, with stocks such as Samsung Electronics and SoftBank Group leading the decline. The Korea Composite Stock Price Index (KOSPI) – a benchmark for AI investment – ​​led the losses, falling 2%. This followed the Nasdaq 100's worst two-day...

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