$2.5 Trillion Wiped as Global Stocks Skid on AI Fears — SkimNews
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- Wall Street tumbled as AI worries sent global shares skidding, with $2.5 trillion wiped off U.S. markets.
- Asian stock markets plunged as Japan's Nikkei, South Korea's KOSPI and Taiwan stocks fell.
Why it matters: The $2.5 trillion wiped from U.S. markets represents a major loss for U.S. investors, while the same AI-driven sell-off hit the Nikkei, KOSPI and Taiwan stocks; global portfolios faced simultaneous losses rather than an isolated Wall Street setback.
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