Global stock markets experienced sharp fluctuations as technology and artificial intelligence companies faced continued pressure over concerns about tighter regulations and elevated valuations.

Some U.S. technology stocks staged a modest recovery following widespread losses across Asian and European markets.

Meanwhile, U.S. employment figures cited in the report showed 165,000 jobs added in October, with the unemployment rate falling to 4.1%.

Investors are closely monitoring the direction of U.S. monetary policy and geopolitical developments amid continued uncertainty over the outlook for the global economy.