Global stock markets experienced a mixed day as concerns about the potential impact of artificial intelligence on the economy, highlighted by a recent report, weighed on US stocks. While some markets saw declines, particularly in Europe, Asian markets, including Japan and South Korea, showed significant gains, driven by the tech sector.
A currency trader stretches near a screen showing the Korea Composite Stock Price Index , center, and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb.
24, 2026. BANGKOK — World shares were mixed Tuesday after U.S. stocks slumped on heavy selling of shares in companies that could be, a New York-based financial services company, that outlined a future scenario in which AI’s dominance caused the “human-centric consumer economy,” to wither away with dire consequences for employment, was the latest hit to confidence for companies that might be displaced by fast expanding use of the technology.“Policy response has always lagged economic reality, but lack of a comprehensive plan is now threatening to accelerate a deflationary spiral,” the report says. Still, Tuesday brought gains for computer-chip makers and other companies that profit from development of AI. In early European trading, Germany’s DAX edged 0.2% lower to 24,952.11 and in Paris the CAC 40 was down less than 0.1% at 8,491.94. Britain’s FTSE 100 also lost less than 0.1%, to 10,673.99.In Asian trading, Tokyo’s Nikkei 225 index surged 0.9% to 57,321.09. Chip testing equipment maker Advantest rose 4.5%, while machinery maker Disco Corp. added 2.1%. Markets in mainland China advanced as they reopened following a weeklong holiday, but Hong Kong’s Hang Seng fell as traders locked in profits from recent gains, slipping 1.8% to 26,590.32.In South Korea, the Kospi picked up 2.1% to 5,969.64, setting fresh records on gains for memory chipmaker Samsung Electronics, which jumped 3.6%. SK Hynix, another chipmaker, closed 5.7% higher. In Australia, the S&P/ASX 200 edged less than 0.1% lower, ending at 9,022.30, while Taiwan’s Taiex gained 2.8%.ramped up his newest tariffs.The Dow Jones Industrial Average dropped 1.7% to 48,804.06. The Nasdaq composite sank 1.1% to 22,627.27.Investors may be sensing it will take a long time, as well as more court battles, before more clarity comes about how global trade will look.Anthropic that scans codebases for security vulnerabilities and suggests targeted software patches for human review has been hitting stocks across the cybersecurity industry. AppLovin sank 9.1% and took its loss for the year to date to 43.5%. It’s among the software companies hurt by worries that AI competition will steal customers and fundamentally reset their industries. A profit report from Nvidia is due on Wednesday. Worries are rising that companies like Alphabet and Amazon may be spending so much on Nvidia’s chips that they’ll never be able to recoup their investments through higher productivity and future profits. In other dealings early Tuesday, U.S. benchmark crude oil gained 31 cents to $66.62 per barrel. Brent crude, the international standard, was up 30 cents at $71.41 per barrel. Crude prices have been gaining on worries that President Donald Trump might take military action against Iran.Alleged sexual assault case at California School for Deaf-Riverside set for trialPedestrian killed on 101 Freeway in Calabasas-Agoura Hills areaCities gearing up for a fight against LA County’s one-half cent healthcare sales taxKaiser strike ends with thousands of nurses returning to work Tuesday3.5 magnitude earthquake shakes off the coast of Rancho Palos Verdes
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