Business · Markets · 6 hrs ago

Global markets are mixed as investors weigh AI shares and economic risks

Global markets are mixed as investors weigh AI shares and economic risks

Global markets were mixed on Wednesday as investors traded cautiously.

Shares rose in France, Germany and Britain, while markets in Australia, South Korea, Hong Kong and mainland China fell.

Japan’s Nikkei ended little changed.

Interest in computer chips and AI continued to support some shares, despite concerns that chip prices may have risen too far.

China’s CXMT rose early in trading before falling back, while Samsung shares also lost their gains and SK Hynix slipped.

Inflation, pressure from bond markets and Middle East conflicts are among the concerns weighing on investors.

The report gives no specific next step for markets, but says U.S. stock futures were slightly higher.

2 sources

Related