{"id":37101,"date":"2026-05-13T05:12:18","date_gmt":"2026-05-13T05:12:18","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/37101\/"},"modified":"2026-05-13T05:12:18","modified_gmt":"2026-05-13T05:12:18","slug":"asian-shares-trade-mixed-as-ai-excitement-fades-and-war-worries-continue","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/37101\/","title":{"rendered":"Asian shares trade mixed as AI excitement fades and war worries continue"},"content":{"rendered":"

TOKYO \u2013 Asian shares traded mixed early Wednesday, as fading enthusiasm over AI and other technology stocks gradually put the brakes on Wall Street\u2019s record-setting run<\/a>.<\/p>\n

Japan’s benchmark Nikkei 225 edged up less than 0.1% to 62,774.94. South Korea’s Kospi index gained 0.9% to 7,708.05, recouping some of its recent losses. The Kospi sank 2.3% earlier in the week from an all-time high after a senior figure in the administration suggested the government may redistribute windfall AI profits from companies to citizens. <\/p>\n

Australia’s S&P\/ASX 200 lost 0.3% to 8,645.80. The Hang Seng slipped 0.4% to 26,246.29, while the Shanghai Composite was little changed, down less than 0.1% at 4,213.86. <\/p>\n

\u201cCorporate earnings and AI momentum are acting as the market\u2019s primary shock absorbers, but the road is getting significantly rougher,\u201d said Tim Waterer, chief market analyst at KCM Trade. <\/p>\n

\u201cWith oil prices becoming entrenched at elevated levels and a diplomatic breakthrough between the U.S. and Iran remaining elusive, the easy bullish narrative is becoming much harder to maintain.\u201d <\/p>\n

In energy trading, benchmark U.S. crude fell 58 cents to $101.60 a barrel. Brent crude lost 66 cents to $107.11 a barrel. <\/p>\n

Those prices are still way above what they were before the war with Iran<\/a>, which threatens to drag on, the ceasefire looking more tenuous. Brent has surged from roughly $70 per barrel before the war. The war has essentially shut the Strait of Hormuz<\/a> to oil tankers. <\/p>\n

On Wall Street, the S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average added 56 points, or 0.1%, while the Nasdaq composite sank 0.7% from its own record. <\/p>\n

Some of the sharpest drops hit chip companies and stocks that have been on electric runs because of the artificial-intelligence<\/a> boom. Intel slumped 6.8% after seeing its stock more than triple so far this year. Micron Technology dropped 3.6%. <\/p>\n

Treasury yields rose in the bond market following an initial zigzag, suggesting traders suspect the Federal Reserve will keep interest rates high to combat inflation. The yield on the 10-year Treasury rose to 4.45% Tuesday from 4.42% late Monday and remains well above its 3.97% level from before the war. Traders expect the Fed Reserve to keep its main interest rate steady. <\/p>\n

All told, the S&P 500 fell 11.88 points to 7,400.96. The Dow Jones Industrial Average added 56.09 to 49,760.56, and the Nasdaq composite sank 185.92 to 26,088.20.<\/p>\n

In currency trading, the U.S. dollar rose to 157.70 Japanese yen from 157.59 yen. The euro cost $1.1741, inching down from $1.1744. <\/p>\n

___<\/p>\n

AP Business Writer Stan Choe contributed to this report.<\/p>\n

Yuri Kageyama is on Threads: https:\/\/www.threads.com\/@yurikageyama<\/a><\/p>\n

Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO \u2013 Asian shares traded mixed early Wednesday, as fading enthusiasm over AI and other technology stocks gradually…\n","protected":false},"author":2,"featured_media":37102,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,309,134,23229,1246],"class_list":{"0":"post-37101","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ai","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-business","11":"tag-technology","12":"tag-tim-waterer","13":"tag-world-news"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/37101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=37101"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/37101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/37102"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=37101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=37101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=37101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}