European shares fall as global AI rout gathers pace
European shares dropped broadly as a global market rout intensified amid uncertainty over artificial intelligence stocks following the Democratic victory in the US Congress. Traditional sectors declined while clean energy and airline stocks posted gains.
Xurve View
Insights:
Xurve View
European shares dropped 1% to 648.83 points on Friday morning amid a global market rout driven by artificial intelligence uncertainty. The downturn wiped out weekly gains, leaving the pan-European index down 0.3% overall.
