NEW YORK (AP) — Stocks surge, recouping much of a historic plunge, as Trump announces new measures to fight virus; Dow up 1,900 points.
Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
HONG KONG (AP) — Oil prices fell Wednesday and Asian shares were mostly trading lower as South Korea’s Kospi extended its losses after falling more than 16% over the past two days.
Crude prices remain volatile after the U.S. said early Thursday it had conducted a “heavy wave” of strikes against Iran, responding to an attack on a U.S. base.
U.S. futures edged higher after losses on Wall Street.
In South Korea, recent drops in its benchmark Kospi, a big beneficiary of the global boom in artificial intelligence, have been seen by some analysts as a reflection of broader doubts about massive investments by technology giants in expanding capacity for AI.
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