Asian Markets Slip on Iran Tensions and AI Growth Worries
Asian shares eased as stalled Iran peace talks and OpenAI concerns pressured tech stocks. Markets remain cautious ahead of the Federal Reserve meeting today.
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United States and Asian markets fell Wednesday as the S&P 500 slipped 0.5% and the MSCI Asia-Pacific index eased 0.2%. Geopolitical tension in Iran and a missed revenue target at OpenAI drove the retreat from Monday's record highs. Investors are pivoting to defensive positions before the Federal Reserve's interest rate decision and megacap tech earnings.
