The Singapore stock market continues to decline as global markets are weak due to concerns about an AI bubble. The STI closed lower on Tuesday at 4,504.67 points, with losses from financial and industrial sectors. Many active stocks saw declines, including Genting Singapore, Hongkong Land, and Yangzijiang Shipbuilding. Wall Street also closed in the red, with the Dow dropping 498.50 points, the NASDAQ falling 275.23 points, and the S&P 500 sinking 55.09 points. Technology stocks were particularly weak, led by Nvidia. Crude oil prices rose due to expectations of increased demand following the end of the U.S. government shutdown.

Read more at Nasdaq: Singapore Shares May Take Further Damage On Wednesday