World shares, US futures advance after AI fears drag Wall Street lower :: WRAL.com
World shares, US futures advance after AI fears drag Wall Street lower :: WRAL.com
Publish Date: 2026-02-20 04:19:00
Source Domain: www.wral.com
- European shares rose on Friday despite mixed trading in Asia with major indexes like Germany’s DAX and the CAC 40 up by 0.2% and 0.7% respectively. Britain’s FTSE 100 also saw a 0.4% increase.
- The S&P 500 futures were up 0.3%, while the Dow Jones Industrial Average futures saw a gain of 0.2%, indicating a positive sentiment in U.S. markets.
- Concerns over the impact of artificial intelligence on major companies and a potential U.S.-Iran conflict weighed on markets, with Tokyo’s Nikkei 225 ending 1.1% down.
- South Korea’s Kospi saw a significant 2.3% rise driven by defense contractors amid increased global military spending.
- The price of oil surged but later declined slightly, affecting related stocks and influencing Federal Reserve’s potential interest rate decisions.
- The price of gold rose 1%, while Bitcoin gained 1.9% to $68,135.
