Global stocks slide as AI concerns trigger tech selloff

Global equity markets fell as investors sold off technology shares on mounting concerns about artificial intelligence valuations, with Asian and European markets following a sharp US tech rout. The selling spread across regions after Wall Street's tech-heavy names suffered their worst session in 19 months, and many analysts predicted further waves of selling to come.

The pullback was driven by what the sources describe as "big worries over AI," with the technology sector bearing the brunt of the declines. European and Asia-Pacific markets slid in the wake of the Wall Street rout, transmitting the selloff across time zones as trading opened.

US tech stocks later posted a modest recovery on Wall Street following the worst day in 19 months, offering some relief after the steep declines. The latest US jobs report beat forecasts, a data point that coincided with the partial rebound in US equities.

The episode underscores how sensitive global markets have become to sentiment around artificial intelligence, with a single wave of selling in US technology names quickly rippling through European and Asian bourses. For investors, the moves highlight the concentration of market leadership in AI-linked stocks and the potential for sharp, correlated drawdowns when confidence in that theme wavers. Analysts cited in the coverage cautioned that additional rounds of selling could lie ahead, suggesting volatility around the sector may persist rather than resolve quickly.

The scale of the initial decline — the worst for US tech in 19 months — and the speed with which it spread across regions illustrate how tightly linked global equity markets remain, and how quickly concerns originating in one major market can transmit to others.