Global Stocks Fall Amid AI Rally Doubts; Dollar Strengthens as Yen Nears Multi-Decade Lows
Global stock markets experienced declines, with increased volatility, as investors questioned the long-term sustainability of the AI-driven rally, particularly impacting the Nasdaq and Asian indices. In foreign exchange markets, the U.S. dollar gained strength, while the Japanese Yen remained near multi-decade lows, prompting monitoring for potential intervention by Japanese authorities.
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