The China stock market ended a two-day winning streak, with the Shanghai Composite Index slipping slightly below 4,000 points. Global markets are mixed to lower amidst concerns about an artificial intelligence bubble. The SCI closed 0.25% lower on Friday, with financials and resource stocks down, while oil companies provided support. The major U.S. indexes closed mixed, with the NASDAQ down 0.21%. Consumer sentiment in the U.S. deteriorated more than expected in November, impacted by the prolonged government shutdown. Crude oil prices saw modest gains, with West Texas Intermediate crude up 0.64% at $59.81 per barrel.

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