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Asia Stocks Lag as AI Rally Drives Global Markets; Crypto Assets Unmentioned

Asia Stocks Lag as AI Rally Drives Global Markets; Crypto Assets Unmentioned

Author:

Global Cryptocurrency

Published:

2025-11-11 09:05:02

11

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BTCCSquare news:

Asian equities stumbled at the week's open, diverging from Wall Street's AI-powered surge. Regional skepticism grew as analysts drew parallels between the current tech frenzy and the dot-com bubble, triggering profit-taking. The yen's slide to February lows underscored broader economic strains, while Chinese markets extended their slump.

Meanwhile, U.S. markets charged ahead on renewed AI enthusiasm. Nvidia's 6% leap spearheaded the S&P 500's gains, with Microsoft and Alphabet breaking negative streaks. The Nasdaq's rebound showcased traders' appetite for discounted tech stocks after recent volatility.

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