American stock markets showed varied movements on Thursday. In New York, the Dow closed at 52,868 points, representing a minimal gain of 0.02 percent compared to the previous day’s trading. However, the Nasdaq 100 performed significantly worse, ending the trading session at 28,959 points, a drop of 2.9 percent. The broader S&P 500 concluded the day down 1.2 percent, finishing at 7,663 points.
Current heightened doubts surrounding the AI boom are contributing to negative sentiment, putting particular pressure on technology stocks.
In other financial news, the European community currency weakened somewhat in the evening; one Euro cost 1.1214 US dollars, conversely, a dollar could be exchanged for 0.8917 Euros.
Meanwhile, the price of gold declined steeply, with a fine ounce trading at $4,025 in the evening, a drop of 2.8 percent. This equates to a price of 115.41 Euros per gram. Conversely, the oil price rose sharply. The Brent North Sea barrel cost $113.10 around 10 PM German time, marking a 4.0 percent increase over the close of the previous trading day.
