Goldman Sachs' risk appetite drops to its lowest level in the early stages of the Iran War, investors sell off AI stocks

Goldman Sachs' risk appetite index has turned negative for the first time since April, dropping to its lowest level since the early stages of the Iran War. Investors sold AI shares and bought US treasury bond bonds. The South Korean Composite Stock Index (Kospi) fell 4%, and AI startup Elice fell over 30% on its first day of trading. (Source: Bloomberg)