Euro STOXX 50 Futures Fall 0.9% as AI Selloff Spreads
Euro STOXX 50 futures fell 0.9% on Thursday after Europe had sat out the previous day's AI-driven selloff.
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Euro STOXX 50 futures fell 0.9% on Thursday after Europe had sat out the previous day's AI-driven selloff.
World stocks rose on Tuesday, reaching two-week highs as falling oil prices and retreating bond yields steadied sentiment ahead of an earnings season expected to be driven by AI growth. S&P 500 futures pointed to a record-high open, while the Nasdaq was on track for a third consecutive all-time high.
The MSCI's gauge of stocks across the globe rose 0.7%. The Nasdaq Composite reached a record closing high, lifted by Nvidia and Microsoft. The euro stumbled to a 17-month low against the dollar, and the 10-year US Treasury yield rose to a fresh 24-year high.
Recap of Monday's trading across global equities, bonds, currencies and commodities.