Global markets reacted to US government shutdown fears. Gold reached a new record high. The dollar saw losses. US equity futures dipped while Asian shares remained flat. Treasuries gained. Investors worried about delayed economic data, including the jobs report. China announced capital to boost growth. Australia’s central bank held rates steady. Oil prices declined.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment