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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record

AI Nasdaq SpaceX TeraWulf Samsung SK Hynix United States
South Korea Financial Markets - (Copyright 2026 The Associated Press. All rights reserved.)

Asian shares have retreated, with South Korea's Kospi shedding nearly 8% despite a rebound for AI stocks that lifted stocks on Wall Street.

Oil prices rose and U.S. futures were mixed.

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