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News 2026-10-07 09:46 UTC

Asia Stocks Slip as AI Rally Fades; Nikkei, Hang Seng Lower

Major Asian indices, including the Nikkei 225, Hang Seng, and KOSPI, experienced declines ranging from 0.6% to 2.0%. This downturn comes as the recent rally driven by artificial intelligence-related stocks, which had previously propelled the Nasdaq to a record close, shows signs of exhaustion. Heavyweight technology st