Global equity markets faced renewed pressure as the sell-off in artificial-intelligence beneficiaries intensified, dragging major indices lower worldwide.

The decline in technology stocks reflects growing investor caution regarding the capital expenditure commitments of major firms, a theme that has persisted through recent trading sessions.

This broad-based selling pressure marks a continuation of the reversal seen in US equity markets, where tech stocks are exerting significant downward drag on broader performance.

In contrast, energy markets moved sharply higher.

Brent crude prices continued their upward trajectory, driven by escalating geopolitical tensions in the Middle East.

The US launched additional airstrikes against Iran, intensifying the conflict and raising concerns over potential supply disruptions.