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Europe Markets Dip Amid AI Trade Pressure Before Nvidia Earnings

Guavy AI Editorial Team
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NVDA
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Europe's financial markets experienced a downturn on August 24, as investors remained cautious due to pressure in the AI trade before Nvidia's earnings announcement.

The British pound traded above $1.36 in the final full week of August, while Germany's DAX index reversed gains and fell by 0.29%, mainly due to nervousness surrounding Nvidia's upcoming earnings report.

France's CAC index also declined by 0.24% as technology stocks came under pressure.

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