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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.
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Macron refuses French PM’s resignation after chaotic election results

 


In a decisive move following the tumultuous legislative elections, French President Emmanuel Macron has declined the resignation of Prime Minister Gabriel Attal. The decision comes amidst a fragmented election outcome that saw no single party secure a majority, leading to a potential political deadlock.

Macron's refusal is seen as an effort to maintain governmental stability during this critical period, especially with the Paris Olympics on the horizon. The president's request for Attal to stay on reflects a strategic choice to navigate through the legislative impasse and uphold the continuity of governance. 

This development marks a significant moment in French politics, as the nation grapples with the implications of a divided parliament and the challenges it poses to future policymaking. The unfolding scenario underscores the complexities of coalition politics and the intricate balance of power within the French political system.


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