Asian markets are in a tailspin, echoing the dip witnessed on Wall Street as investor hesitation grows over inflated stock prices. This market tumble is echoing alerts from top financiers about looming corrections. The current buzz around generative AI is stirring memories of the dot-com bubble. Major Asian indices, particularly in Japan, are experiencing steep declines.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created