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AAP
AAP
Business
Marc Jones and Gregor Stuart Hunter

Global stocks struggle after chipmaker's dive

World stocks are facing a second straight day ‌of falls as a glitch in the AI rally and renewed fighting between the US and Iran dampen the mood, while oil prices have eased after Israel ‌and Lebanon agreed to a ceasefire.

Europe's bourses got off to a steady start on Thursday as crude and bond yields dipped, but Wall Street futures were pointing lower again and it had ‌been a difficult session in Asia due to weakness in tech stocks.

Korea's stock market had fallen as much as 2.6 per cent, while Japan's Nikkei 225, Hong Kong and Taiwan all ended between 1.4 per cent and 1.7 per cent lower following a 13 per cent plunge in chipmaker Broadcom's shares in extended US trading on Wednesday.

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