US Tech Selloff Drags Global Stocks Lower

Global stocks retreated as a tech selloff highlighted rising investor anxiety over the AI market rally. Oracle and Marvel fell sharply following major financing and acquisition announcements. Meanwhile, markets braced for key central bank decisions and US midterm elections.

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 30, 2026. REUTERS/Staff

Global stock indexes fell back into the red on Monday as a sharp technology selloff in the United States reversed earlier gains. The reversal highlights growing investor anxiety regarding the sustainability of the artificial intelligence market rally.