European stocks rise, dollar set for weekly loss after yields drop | live
By Elizabeth Howcroft PARIS, Oct 16 (Reuters) - European stocks rose on Friday as markets stabilised after a sharp tech-led selloff, while the dollar headed for a weekly loss. Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in technology and chip stocks.
By Elizabeth Howcroft PARIS, Oct 16 (Reuters) - European stocks rose on Friday as markets stabilised after a sharp tech-led selloff, while the dollar headed for a weekly loss. Markets have been rattled this week by concerns over higher interest rates and the debt-fuelled financing behind the AI boom, triggering a selloff in technology and chip stocks.
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