Report
Asian shares retreat despite Wall Street rally on strong profits
Reuters reports that AI spending concerns and uncertainty in the Gulf blunted the boost from upbeat tech earnings.
TLDR
Reuters reports that Asian stocks struggled in early October 22 trading despite upbeat tech earnings, as concerns about AI spending and Gulf tensions persisted. The Independent reports that big tech and chip stocks led declines in Japan and South Korea, while U.S. stock futures also retreated.
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