South Korea’s Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing

South Korea’s Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing

HONG KONG (AP) — Asian shares were mostly higher on Monday but South Korea’s Kospi fell nearly 5% as investors unloaded more stocks linked to artificial intelligence. Japan’s markets were closed Monday for a holiday and U.S. futures were mixed. Oil prices jumped more than 2%, with Brent crude abov...

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