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Global Market Today: Asian stocks drop as AI rally pauses, oil dips

Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell slightly after Iran and Oman reached a new agreement regarding the Strait of Hormuz. Meanwhile, Sandisk and Western Digital faced significant declines following disappointing earnings reports. As investors reassess stock valuations, the geopolitical context in the Middle East is increasingly influencing oil price trends.

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Economic TimesLean R·1h ago
Global Market Today: Asian stocks drop as AI rally pauses, oil dips
Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell slightly after Iran and Oman reached a new agreement regarding the Strait of Hormuz. Meanwhile, Sandisk and Western Digital faced significant declines following disappointing earnings reports. As investors reassess stock valuations, the geopolitical context in the Middle East is increasingly influencing oil price trends.
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Economic TimesLean R

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Global Market Today: Asian stocks drop as AI rally pauses, oil dips

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