Global trading is mixed as worries about AI-related issues grow
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
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TOKYO (AP) — Global shares were trading mixed Friday, as worries about the future of artificial intelligence grew after Alphabet's stock drop dragged on U.S. markets.France's CAC 40 gained 0.2% in early trading to 7,988.84, while the German DAX edged down 0.1% to 26,008.99. Britain's FTSE 100 added nearly 0.4% to 10,759.33. U.S. shares were set to trade mixed with Dow futures up 0.2% at 52,613.00, while S&P 500 futures were down 0.8% at 7,689.00.In Asia, Japan's benchmark Nikkei 225 dropped 2.1% to finish at 63,290.11. At the end of its two-day monetary policy board meeting, the Bank of Japan decided to keep its benchmark interest rate unchanged at 1.25%. That was widely expected because the central bank raised the rate last month.The U.S. has been pressuring Japan to raise rates because of concerns about the weakening yen. In currency trading, the U.S. dollar fell to 157.28 Japanese yen from 157.65 yen. The euro cost $1.1196, up from $1.1181.Australia's S&P/ASX 200 rose 0.2% to 8,908