Asian stocks steady as AI concerns and Middle East tensions ease
Summary of 2 reports
Asian markets showed stability on Monday following a volatile week marked by sharp declines in tech-heavy stocks due to concerns about computer chip demand. Japan's Nikkei index rose 2.5% while South Korean shares posted modest gains.
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Asian stocks steady as AI, Middle East jitters recede (opens CNA in a new tab)
Asian markets and US equity futures made a steady start on Monday (Nov 9), after a wild week where doubts about demand for computer chips sent tech-heavy markets in Asia into some of their steepest falls in years.
Asian stocks steady as AI, Mideast jitters recede; dollar firm on Fed bets (opens The Straits Times in a new tab)
Japan’s Nikkei index added 2.5% while South Korean shares made small gains.