Global Stocks Decline as AI Sell-Off Continues and Fed Uncertainty Weighs

Global stock markets experienced declines, with Wall Street closing sharply lower following the Federal Reserve's rate decision and ongoing concerns about inflation. A significant sell-off in AI-related stocks, particularly chipmakers, contributed to the downturn in major U.S. indices like the Dow Jones, S&P 500, and Nasdaq. In contrast, London's FTSE 100 reached a record high, buoyed by a surge in oil stocks.