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France's CAC 40 dipped 0.4% in early trading to 7,836.70, while
the German DAX shed 0.7% to 25,134.29. Britain's FTSE 100 lost
0.6% to 10,703.98.
U.S. shares were set to drift higher with Dow futures up 0.3% at
52,332.00. S&P 500 futures gained less than 0.1% to 7,735.25.
In Asia, Japan's benchmark Nikkei 225 declined 1.3% to finish
64,075.42. Australia's S&P/ASX 200 lost 0.3% to 8,816.90. South
Korea's Kospi dropped 3.7% to 5,552.74, as the frenzy over
AI-related issues resulted in a decline. Hong Kong's Hang Seng
fell 1.3% to 23,867.74, while the Shanghai Composite edged up
0.1% to 3,735.37.
Analysts say investors are also waiting for the upcoming slew of
earnings reports from various major companies.
In energy trading, benchmark U.S. crude jumped 2.13% to $105.87
a barrel. Brent crude, the international standard, gained 1.10%
to $110.75 a barrel. Uncertainty about when the war with Iran
will allow the energy industry to return to normal means oil
prices are unlikely to ease any time soon.
In currency trading, the U.S. dollar inched down to 158.16
Japanese yen from 158.46 yen. The euro cost $1.1235, up from
$1.1227.
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