Global Stock News

Stocks recover globally as AI fears ease, US futures climb

Stocks recover globally as AI fears ease, US futures climb


Bangkok


European shares were higher Friday after a mixed day of trading in Asia, as worries over risks linked to massive investments in artificial intelligence and a potential US-Iran conflict weighed on major benchmarks.


Germany’s DAX rose 0.2 per cent to 25,103.32 and the CAC 40 in Paris was up 0.7 per cent at 8,460.35. Britain’s FTSE 100 picked up 0.4 per cent to 10,672.75.


The future for the S&P 500 was up 0.3 per cent while that for the Dow Jones Industrial Average gained 0.2 per cent.


Tokyo’s Nikkei 225 fell 1.1 per cent to 56,825.70 as shares in major banks and other financial institutions skidded on worries over the potential impact of weakening private credit companies…

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