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2026-10-16T16:47:00.000Z

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الاقتصادية - CNN

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European rebound amid AI concerns

European rebound amid AI concerns

European shares rose during Friday's trading session following a sharp sell-off driven by fears of rising interest rates and the impact of the AI boom on markets. The markets stabilized after a week of volatility. Data shows that the likelihood of an interest rate hike in the U.S. is increasing, with the dollar falling by 0.4%, which helped the euro recover. European government bond yields also rose. Meanwhile, the oil and gold markets remain cautious, closely monitoring Middle Eastern supply issues and developments in global markets.

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