Tech Stocks Selloffs Dominate Headlines in Global Equities Markets
Selloffs in technology stocks dominated headlines across global equity markets during the week, as investor concerns over artificial intelligence, related expenditure plans triggered notable volatility. Anchoria Securities Limited reported that global equities delivered a mixed performance, with sharp divergences across regions.
In the United States, equity benchmarks ended the week significantly lower. The Nasdaq declined three point nine three per cent week-on-week, marking one of its steepest weekly losses in recent months as a broad tech sell-off weighed heavily on sentiment. Weakness across software, chipmakers, and mega-cap technology names contributed to risk aversion, with investors reacting to earnings disappointments and heightened concerns around AI spending.
The S&P 500 also lost two point zero three per cent week-on-week, reflecting similar pressure across growth-oriented sectors. In contrast, European markets showed resilience. Germany’s DE40 advanced zero point three seven per cent, while France’s FR40 rose one point four eight per cent, supported by strength in financials, industrials, and select consumer-linked names, among others. The broader Euro Stoxx 50 climbed zero point two five per cent, with regional sentiment stabilising after earlier volatility.
The United Kingdom’s FTSE 100 gained one point zero eight per cent week-on-week, supported by its defensive and commodity-heavy profile. Strength in energy, materials, and large-cap defensives provided a steady bid, while safe-haven flows into select U.K. blue chips helped the market outperform many global peers. Domestic sentiment remained relatively resilient, insulating the index from the global tech-driven sell-off.
China, however, slipped lower as sentiment across Asian markets remained fragile. The FTSE China Index declined zero point nine five per cent week-on-week, reflecting subdued appetite for risk assets amid ongoing concerns around growth momentum, capital flows, and sector-specific uncertainty. While parts of the region saw selective buying, sentiment remained uneven, anchoring Chinese equities in mildly negative territory for the week.
Analysts note that the week’s performance underscores a sharp rotation out of technology in the U.S., contrasted with pockets of resilience in Europe and the U.K. Nonetheless, fragility in Asian markets highlights the uneven nature of global sentiment, with investors balancing sector-specific risks against defensive opportunities.