Global markets largely stood still on Monday as renewed skepticism over sky-high AI valuations and fresh jitters about interest-rate hikes put pressure on tech shares. Investors grew cautious, even as the broader market showed a surprising resilience
SoftBank plunged more than 8% as a global tech sell-off – echoing steep losses on Wall Street – swept through markets. The rout reflected rising investor anxiety that lofty valuations and the threat of higher interest rates could trigger deeper pain across the sector
U.S. tech stocks rebound, lifting Wall Street and setting a positive tone for Asia, while traders remain on high alert for potential yen intervention amid renewed currency volatility.