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Comments Asia stocks trade in red on Tuesday as the momentum from the recent rally, which was largely fueled by sustained buying in technology shares, appeared to lose steam. Meanwhile, Wall Street rallied overnight on the back of a rebound in AI names and hopes Quick Insights Asia stocks are declining due to fading tech stock momentum and regional profit-taking, unaffected by Wall Street's rally or US shutdown developments. Investors are shifting from tech and AI stocks to high-dividend value stocks amid profitability concerns, market bubble fears, and profit-taking after highs. Japan's mixed equity performance and yen weakness reflect positive current account and services data, rising bank lending, and anticipation of BOJ rate hikes tied to wage growth. Recommended For You More Trending News
