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U.S equity markets closed lower on Friday as another wave of selling in artificial intelligence linked stocks pushed major benchmarks into negative territory for the week. The Nasdaq Composite extended its decline and looked set to record its weakest week since the turbulence of early April as investors pared

Markets around the world entered the week with a growing unease as investors grappled with sharply higher valuations in artificial intelligence related stocks and the prospect that speculative froth could be forming in the technology sector. After a prolonged run of gains that propelled a narrow set of companies to

U.S. equity markets closed sharply lower on Thursday as a renewed sell off in artificial intelligence linked stocks rippled through major indices. The Dow Jones Industrial Average finished the session down roughly 400 points while the Nasdaq Composite fell about 1.9 percent, marking one of the more pronounced

European equity markets lost ground on Thursday as a busy corporate reporting schedule kept investors on edge and sectoral dispersion widened across major bourses. Benchmarks in Frankfurt Paris and London finished lower after a session defined by mixed earnings news and cautious repositioning ahead of next week’s macro releases.

The Bank of England held its key interest rate at four percent after a narrow vote by the Monetary Policy Committee, a decision that highlights growing divisions among policymakers as the central bank approaches the government’s Autumn Budget later this month. The committee voted five to four to keep