Japan’s Nikkei share average dropped more than two percent on Friday. This decline was spurred by concerns over heavy artificial intelligence spending. Google parent Alphabet’s shares sank significantly overnight, impacting global markets. Chip-related shares and technology investor SoftBank Group also experienced losses. However, shares supported by domestic demand and shippers saw some gains.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above