Nikkei Falls 5.7%, Kospi Drops 7.4% Amid AI Stock Rout
Asian equities slid after a widespread sell-off in AI-related shares on Wall Street. The Nikkei initially fell more than 6% before recovering some losses.
Japan’s stock benchmark tumbled more than 6 per cent after trading opened Friday, and other Asian stocks also declined following a widespread sell-off of issues related to artificial intelligence on Wall Street.Tokyo’s benchmark Nikkei 225 recouped some of those initial losses, trading 5.7 per cent…