Business

Wall Street's AI Impact on Markets

Updated 2026-06-05 00:05 UTC 1 source Neutral

Asia-Pacific markets opened mixed as investors reacted to a rotation out of chip stocks, following Wall Street’s record close. The move was linked to concerns about the impact of artificial intelligence on the tech sector.

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CNBC

Asia-Pacific markets set to open subdued after Wall Street's AI-linked stocks slide

Asia-Pacific markets were set to open mixed on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

2026-06-04 23:48 UTC