Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
BANGKOK (AP) — Shares plunged Friday in Asia, led by heavy losses in Japan and South Korea as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence. U. S. futures also declined, while oil prices fell. Tokyo’s Nikkei 225 index shed 5% to 68,783. 50 and the Kospi in Seoul plunged 8. 4% to 8,182. 54. Hong Kong's Hang Seng lost 1. 9% to 22,644. 49, while the Shanghai Composite index slipped 2. 1% to 4,032. 30. In Australia, the S&P/ASX 200 was nearly at...
Read MoreFri, 26 Jun 2026
- Asian shares plunge as traders sell to lock in profits after recent rallies driven by AI
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- Wall Street drifts to a mixed finish after Micron soars and Apple drops
- Paris court gives French oil company TotalEnergies 6 months to tighten its climate policies
- Supreme Court strikes down Hawaii law requiring permission to carry guns in stores and hotels
- Supreme Court ruling blocks thousands of lawsuits against the maker of Roundup weedkiller
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- JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon
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- US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate
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Wed, 24 Jun 2026
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- US says chemical maker Chemours to pay $450M to settle forever chemicals case
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- Sharp drops in Big Tech companies pull indexes mostly lower on Wall Street
- Trump administration announces $17.5 billion in loans for 10 new large nuclear reactors
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- Ukraine says it hit a railway bridge to Crimea, seeking to isolate the Russian-held peninsula
- Andy Burnham prepares for a UK Labour leadership contest that may be a coronation
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Mon, 22 Jun 2026
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Fri, 19 Jun 2026
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- World shares are mixed and US futures fall after a tech-led rally on Wall St
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