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European shares join global sell-off after AI fears hammer Asian markets

European shares have fallen after sharp losses in Asia and on Wall Street. Doubts over huge AI investments and fears of curbs following the Democrats' US midterm victory have rattled global markets.

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Copper Falls, Set for Worst Week Since March on AI Rout

Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets. Benchmark three-month copper on the London Metal Exchange was down 1.3% at $13,663 a metric ton by 0700 GMT. That placed it on track to fall 3.44% in the week, Reuters said. The most-traded copper contract on the Shanghai Futures Exchange fell 1.08% to 106,830 yuan ($16,018.17) a ton.

Asharq Al-Awsat English