Global Markets Waver as AI Disruption and U.S. Inflation Loom
Global markets experienced a downturn as investors awaited key U.S. inflation data amid concerns over tech margins and AI disruption. Notable losses were recorded in the tech-heavy Nasdaq, and there was a move towards defensive market areas. Meanwhile, AI-related anxiety and tariff adjustment reports added further uncertainty.
Global shares tumbled on Friday as investors braced for significant U.S. inflation data, following a week of losses linked to concerns about tech sector margins and AI-driven market disruptions.
The Nasdaq Composite experienced its steepest drop in three weeks, and a downturn in precious metals following recent sell-offs also added to market jitters. Analysts noted a shift towards safer investments, reflecting broader economic concerns.
Meanwhile, AI-related market fears persisted, and reports about potential adjustments in U.S. tariffs added layers of complexity to the global financial landscape, against a backdrop of anticipated U.S. inflation figures.
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