ASX set to edge up, Wall Street closes lower after wild swings
Another sell-off for high-flying artificial-intelligence stocks whipsawed Wall Street.
The Australian stock market is poised for a slight increase, following a volatile session on Wall Street. Major US indices experienced significant fluctuations, with technology and particularly artificial intelligence-related stocks seeing a notable sell-off. This turbulence in the US market is expected to influence trading sentiment in Australia.
The performance of US markets often sets the tone for global trading, impacting investor confidence and capital flows.
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