Global Stocks Waver on Geopolitics and AI Selloff
Equity markets struggled on Friday as stalled U.S.-Iran peace talks and underwhelming results from Broadcom triggered a de-risking trend across the semiconductor sector. Investors are shifting focus toward upcoming U.S. nonfarm payrolls data while monitoring oil price volatility following reports of port disruptions in Oman.
Xurve View
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Xurve View
Global markets stalled on Friday as geopolitical tensions between the United States and Iran intensified while an AI-driven technology selloff deepened. The MSCI Asia-Pacific index slid 2% and South Korea stocks plunged 7% following disappointing semiconductor guidance. Investors are pivoting to defensive positions as diplomatic efforts to stabilize the Middle East falter.
