Equities and bond yields dip with AI jitters and economic data in focus

Resumen del corpus

Equity and bond yields declined amid concerns over artificial intelligence and economic data. While some economic data suggested a strong underlying economy due to resilient consumer spending and business investment, AI jitters weighed on markets. European stocks rallied as the European Central Bank paused rate hikes, contrasting with the dip seen on Wall Street, where tech stocks like Alphabet and software companies experienced sell-offs.