TOKYO (AP) — Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run. Benchmarks rose slightly in early Wednesday trading in Tokyo and Seoul. Shares were lower in Sydney, Hong Kong and Shanghai. The Kospi index sank 2.3% earlier in the week from its all-time high on worries that the government may redistribute windfall AI profits from companies to its citizens. On Wall Street, the S&P 500 dipped 0.2% from its all-time high set the day before. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite sank 0.7% from its own record.
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