U.S. markets are bracing for a weaker start, with S&P 500 futures down 0.8% and Dow Jones Industrial Average futures sliding 0.6%. European sentiment remains fragmented: while the Stoxx Europe 600 dipped 0.5%, individual movers showed stark divergence. Tomra Systems surged 15.4% and Georg Fischer climbed 11.1%, contrasting sharply with double-digit losses for Lagercrantz Group B and an 8.9% decline for AAK.
In section Market Quotes
Global Markets Stumble as AI Hype Cools
A sharp 4% slide in Japan’s Nikkei 225 and a 3% drop in the Shanghai Composite signaled a broader retreat in global equities today, as the recent fervor surrounding artificial intelligence stocks faced a cooling period that rippled from Asian trading floors into Western futures.
Capital is shifting toward commodities and debt as equity risk appetite wanes. Brent crude rose 0.6% to $84.73 a barrel, and WTI crude gained 0.9% to $79.65. Meanwhile, the flight to safety pushed yields lower, with the 10-year U.S. Treasury yield dropping to 4.539% and the German 10-year Bund yield settling at 3.151%. The Wall Street Journal Dollar Index held steady at 97.01, reflecting a market caught between cooling growth expectations and persistent energy price volatility.
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