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Asian Markets Drop As Chip Stocks Falter And Oil Surges

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Asian stock markets declined as semiconductor and AI-related enterprises faced heavy selling pressure, weighed down by rising oil prices due to Persian Gulf hostilities.
  • Meanwhile, Brent crude surged 3.9% to $85.28 a barrel, and regional indexes showed mixed performances.
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