Global Stock Markets Today: S&P 500 and Nasdaq Slide on AI Funding Jitters as UK Shares Outperform (Updated 4:40 PM EST)
Wall Street closed lower Wednesday, with the S&P 500 down 1.16% and the Nasdaq off 1.81%, as tech stocks fell on renewed concerns over AI buildout costs. London’s FTSE 100 rose 0.9% after UK inflation dropped to 3.2%. China’s Shanghai Composite gained 1.19%, while Japan’s Nikkei edged up 0.26%. The U.S. announced a blockade targeting Venezuelan oil tankers, rattling energy markets.
