Risk-off mood sweeps European stocks as AI concerns deepen

European markets saw a 1% dip as a wave of selloffs hit insurance stocks following a Democratic victory, raising concerns around the stability of AI investments. A significant downgrade of German reinsurers by JPMorgan added to the insurance sector’s woes. Yet, clean energy stocks thrived, bolstered by renewed support for green initiatives.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As

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