Global stocks edge lower on AI and rate fears
Global equity markets edged lower as ongoing concerns over artificial intelligence spending and higher interest rates fueled a tech sector selloff. Bond yields fell and the dollar slipped from an 18-month peak.
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Xurve View
Global equities edged lower during Thursday's late session as escalating concerns over artificial intelligence spending and elevated interest rates drove a selloff in technology shares. The downturn wiped out early gains across multiple sectors, reflecting mounting investor anxiety over high valuations and infrastructure funding costs. Markets are re-evaluating the growth trajectory of the tech sector as funding conditions tighten globally.
