Nasdaq Jumps 1%+ as AI Stocks Rebound, Asia Lags — SkimNews
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- Nasdaq climbed more than 1% as AI stocks led a broad rebound, with the Dow, S&P 500, and Nasdaq all rising while oil prices declined (MarketWatch).
- Asian markets had not yet bought into the U.S. tech rebound, with CNBC's Daily Open noting the geographic divergence despite AI stocks leading a comeback.
Why it matters: The Nasdaq's 1%+ AI-led rebound marks a sharp reversal from the prior week's chip-stock rout, but the U.S.-Asia split means the recovery remains incomplete—Asian markets not yet buying in signals global investors are still unconvinced the selloff is over.
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