News
Asia Market Recap: Seoul Halts Trading, Nikkei Suffers, Bitcoin Slips
Asia's tech stocks experienced a significant decline on Friday, with the Nikkei suffering its heaviest one-day fall in over a year. Trading in Seoul was halted, and Bitcoin dropped below $76,000. The Nasdaq 100 closed 6.5% lower on Thursday, with futures futures steadying afterward. Investors were concerned about the potential impact of a Democratic election win on artificial intelligence regulations and the future of AI infrastructure spending. Bitcoin had topped $80,000 on Thursday, but the latest slide erased that gain.