Stocks Decline as Traders Retreat from Tech, Micron Earnings
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Stocks Decline as Traders Retreat from Tech, Micron Earnings
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About this listen
Asian stocks opened lower following US losses as global markets fell into a familiar, risk-off pattern with tech concerns weighing on stocks, and supporting shorter-maturity Treasuries and precious metals. The heavy selling in tech was a sign investors are further questioning whether companies at the vanguard of the AI boom can keep justifying lofty valuations and ambitious spending. We speak to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.
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