STOCKS | Investors Exit AI Shares as Global Markets Sell Off

Global stocks fell sharply on Friday as investors pulled out of AI and technology shares. According to Jin10, Japan's tech-heavy Nikkei 225 Index dropped more than 6% intraday, and a Tokyo brokerage source said it was one of the worst trading days in Tokyo in a long time. U.S. stock index futures pointed to a weaker open, while Euro Stoxx 600 futures indicated European equities may open 0.6% lower. ANZ chief economist and head of research Richard Yetsenga said the decline exposed how unsettlingly dependent many markets and much economic activity have become on the AI boom.