Financial Markets Wall Street
A pedestrian walks outside the New York Stock Exchange during a snow storm, Monday, Feb. 23, 2026, in New York.
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Shares are mixed in Asia after U.S. stocks slumped on heavy selling of shares in companies that could be losers in the artificial-intelligence boom. U.S. futures climbed. Markets in mainland China gained more than 1% as they reopened following a weeklong holiday. On Monday, the S&P 500 sank 1% and the Dow industrials dropped 1.7%. The Nasdaq composite fell 1.1%. Cybersecurity and software stocks logged some of the biggest losses on worries that AI-powered rivals could undercut their profits. Trump’s latest tariff moves have raised uncertainty. Bitcoin briefly fell below $64,000 but remained above its low point reached earlier this month. Oil prices gained on worries that President Donald Trump might take military action against Iran.
