Global Markets Slide on AI Worries and Rising Oil Prices, WSJ Reports
Technology shares fell worldwide and Nasdaq 100 futures dropped more than 1.5%, according to the Wall Street Journal.
Global financial markets came under pressure as concerns over artificial intelligence stocks combined with rising oil prices, the Wall Street Journal reported, according to TASS.
Technology stocks declined across major markets worldwide, the newspaper noted. Nasdaq 100 futures, which track the performance of the largest non-financial companies on the Nasdaq exchange, fell by more than 1.5%, the Journal reported.
The report did not specify the underlying causes of the AI-related concerns or provide further detail on oil price movements. TASS, citing the Journal, did not identify the individual companies or sectors most affected beyond the broad technology category.
Further details on the scope and duration of the market decline were not immediately available.
Sources
- AI concerns, rising oil prices hit global markets — WSJ — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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