GLOBAL SHARES MOSTLY DECLINE AFTER  AI STOCKS LEAD REBOUND ON WALL STREET

What happened: Global shares were mostly lower in cautious trading after AI-related stocks rebounded on Wall Street while other sectors stayed shaky and oil prices remained high. Key numbers: CAC 40 fell 0.4% to 7,836.70; DAX 0.7% to 25,134.29; FTSE 100 0.6% to 10,703.98; Nikkei 225 1.3% to 64,075.42; Kospi 3.7% to 5,552.74; Hang Seng 1.3% to 23,867.74; US crude Why it matters: Analysts say investors are waiting for upcoming earnings reports from major companies. Uncertainty over when the war with Iran will let the energy industry return to normal means oil prices are unlikely to ease soon. Coverage: 3 outlets in 24h

Global shares were mostly lower in cautious trading after AI-related stocks rebounded on Wall Street while other sectors stayed shaky and oil prices remained high.

Analysts say investors are waiting for upcoming earnings reports from major companies. Uncertainty over when the war with Iran will let the energy industry return to normal means oil prices are unlikely to ease soon.