European equities fell sharply, mirroring Wall Street\u2019s tech-led selloff as investors questioned the durability of artificial-intelligence premiums ahead of Nvidia\u2019s earnings.<\/p>\n\n\n\n
At 08:05 GMT<\/strong>, Germany\u2019s DAX<\/strong> and France\u2019s CAC 40<\/strong> each slid 1.3%<\/strong>, while the U.K.\u2019s FTSE 100<\/strong> dropped 1.0%<\/strong>.<\/p>\n\n\n\n A renewed reassessment of AI-driven multiples weighed on global risk appetite after U.S. benchmarks retreated Monday, with the Dow<\/strong> off more than 500 points (-1.2%)<\/strong> and both the S&P 500<\/strong> and Nasdaq Composite<\/strong> lower. Alphabet CEO Sundar Pichai<\/strong> warned in a BBC interview that a bursting of an AI bubble would have economy-wide repercussions\u2014remarks that fed into the risk reset. With Washington\u2019s shutdown over, delayed releases begin to reappear. Factory orders (Aug.)<\/strong> are due later Tuesday, but the marquee print is September nonfarm payrolls on Thursday<\/strong>, the final major labor datapoint before the Dec. 10\u201311<\/strong> Fed meeting. Crude pulled lower as supply fears faded. Brent Jan<\/strong> fell 0.9%<\/strong> to $63.64\/bbl<\/strong> and WTI<\/strong> lost 1.0%<\/strong> to $59.29\/bbl<\/strong> after Russia\u2019s Novorossiysk<\/strong> port resumed loadings following a two-day shutdown from Ukrainian strikes. Novorossiysk and the nearby CPC terminal<\/strong> together handle roughly 2.2 mb\/d (~2% of global supply)<\/strong>. The restart tempers immediate disruption, though infrastructure risk remains elevated.<\/p>\n\n\n\n A fragile tape faces a binary week: Nvidia\u2019s delivery and guidance versus a re-awakening U.S. data cycle. A convincing AI earnings print and softer payrolls could steady risk; any disappointment or resilient labor strength may extend the de-rating in richly priced tech and keep European indices on the defensive.<\/p>\n","protected":false},"excerpt":{"rendered":" European equities fell sharply, mirroring Wall Street\u2019s tech-led selloff as investors questioned the durability of artificial-intelligence premiums ahead of Nvidia\u2019s earnings. At 08:05 GMT, Germany\u2019s DAX and France\u2019s CAC 40 each slid 1.3%, while the U.K.\u2019s FTSE 100 dropped 1.0%. AI exuberance under scrutiny A renewed reassessment of AI-driven multiples weighed on global risk appetite …<\/p>\n","protected":false},"author":9,"featured_media":98251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-120989","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120989"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120989\/revisions"}],"predecessor-version":[{"id":120990,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120989\/revisions\/120990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}AI exuberance under scrutiny<\/h2>\n\n\n\n
All eyes now turn to Nvidia (NASDAQ: NVDA)<\/strong> on Wednesday<\/strong>, a bellwether for AI infrastructure spending and a litmus test for whether earnings momentum can sustain a three-year valuation surge.<\/p>\n\n\n\nU.S. data calendar restarts; rate path in play<\/h2>\n\n\n\n
Fed Governor Christopher Waller<\/strong> on Monday flagged labor-market risks and argued for another 25 bp<\/strong> cut in December, even as market-implied odds for such a move have drifted down to ~40%<\/strong> from ~55%<\/strong> a week earlier.<\/p>\n\n\n\nMovers in Europe<\/h2>\n\n\n\n
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Oil gives back risk premium<\/h2>\n\n\n\n
The takeaway<\/h2>\n\n\n\n