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(Updates with European prices, analyst's comments) Chipmakers drop across the globe on competition concerns US bank earnings to show impact of rising yields on lending, dealmaking and funding Treasuries rise as investors seek safety, oil markets in focus By Ankur Banerjee and Sruthi Shankar Oct 13 (Reuters) — World sto
Global stocks fell as renewed AI concerns weighed on chipmakers, while investors moved into government bonds. Asian and U.S. technology-heavy markets bore the brunt of the selloff.
Global stocks rallied on Monday, with the Nasdaq approaching its June record high, driven by renewed optimism around artificial intelligence. Investors also reacted positively to a fourth consecutive decline in global oil prices.