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Korean Stocks Drop as AI Mania Fades | The Opening Trade 6/5/2026
US equity-index futures declined along with Asian stocks as enthusiasm for the artificial-intelligence trade cooled after driving markets to record highs this year. Futures contracts for the Nasdaq 100 Index dropped 1%, indicating a third day of losses for the gauge as investors rotated out of tech stocks. MSCI’s Asian equities gauge fell 1.6%. South Korea’s Kospi — the world’s best-performing gauge this year and a bellwether for AI investments — slid 5.3%, with chipmaker SK Hynix I…
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