Wall Street's main indexes opened lower today as AI anxiety dragged on tech stocks, with the Nasdaq bracing for its steepest monthly drop since March 2025, while hotter-than-expected inflation data also dampened sentiment.
The Dow Jones fell 245 points (0.5%) at the open to stand at 49,253, while the S&P 500 lost 52 points (0.76%) to trade at 6,856 and the Nasdaq Composite dropped 263 points (1.15%) to reach 22,615 at the opening bell.
European markets continued to see mixed trade this afternoon and were set to log an eighth month of gains in a row as better-than-expected corporate updates supported risk appetite despite lingering tariff and AI-disruption concerns.
London's FTSE index had gained 59 points (0.5%) to stand at 10,905 by 2.45pm, but the Paris CAC had dropped 41 points (0.5%) to trade at 8,579 and the Frankfurt DAX lost 49 points (0.2%) to reach 25,240.
Dublin's ISEQ index added 11 points (0.09%) to hit 13,174 this afternoon. Shares in Kingspan had gained 2.1% to stand at €83.75, while Origin Enterprises rose 1.4% to trade at €4.18. Shares in Irish Residential Properties REIT moved 1.3% higher to reach €1.07 ahead of new rent rules which are due to come into effect on Sunday, while Kerry Group advanced 1.2% to hit €74.60.
Earlier in Asian trade, Tokyo's Nikkei index gained 97 points (0.1%) to close at 58,850 - on track for its biggest monthly gain in four months. Hong Kong's Hang Seng index rose 249 points (0.9%) to finish at 26,630 on the back of gains in technology stocks.
