ASX eyes gains, Wall Street steadies as AI stocks rebound

Headline: AI stocks bounce back, Dow drops 6 per cent Article text: AI stocks rebounded from a week of turmoil, while the Dow Jones Industrial Average fell 237 points, or 6.24 per cent, to close at 5.15. The S&P 500 rose 0.3%, trimmed its loss for the week to 2.7%, which was its worst since April 2025.

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