Asian stocks mixed amid AI concerns, oil dips after surge

Asian stocks headed into the weekend on a mixed note on Friday with tech weighed by renewed concerns about the AI investment boom, while support came from a drop in oil prices after Donald Trump ruled out a pre-election strike on Iran.Traders took a little heart from a dip in oil prices after US President Donald Trump ruled out hitting Iran before the midterm elections, saying Washington was holding "productive discussions" with Tehran.

Oct 9, 2026 - 06:00
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Asian stocks mixed amid AI concerns, oil dips after surge
Asian stocks headed into the weekend on a mixed note on Friday with tech weighed by renewed concerns about the AI investment boom, while support came from a drop in oil prices after Donald Trump ruled out a pre-election strike on Iran.Traders took a little heart from a dip in oil prices after US President Donald Trump ruled out hitting Iran before the midterm elections, saying Washington was holding "productive discussions" with Tehran.

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