Global equity markets retreated on Friday, capping a turbulent week for technology shares as skepticism grew regarding the sustainability of AI-fueled gains that have propelled major indexes to record highs.
The broad-based sell-off in tech weighed on sentiment across asset classes, with oil prices also dipping amid shifting market dynamics.
Brent crude prices fell in the session, reflecting a dual pressure on global markets.
While the equity slump dragged down risk appetite, oil faced headwinds from renewed hopes for supply stability.
This divergence highlights the complex interplay between growth concerns and commodity fundamentals, as investors reassess exposure to both high-growth tech and energy sectors.
The market move follows a period of heightened volatility, with global equities extending declines earlier in the week.