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Shares fall in Asia, with Kospi down 5.2%, while oil prices jump

Shares are sharply lower in Asia after Wall Street pulled further from its all-time high as artificial-intelligence stocks resumed their decline. South Korea’s Kospi dropped 5.2% and Tokyo’s Nikkei 225 sank 2.6%. Oil prices jumped about 1%. On Tuesday, the S&P 500 fell 0.7% for a third straight l…