Global shares mostly decline after AI stocks lead a rebound on Wall Street

TOKYO (AP) — Global shares were mostly lower in cautious trading Tuesday after artificial-intelligence -related stocks bounced back on Wall Street while other sectors continued to be shaky and oil prices stayed high.France's CAC 40 dipped 0.4% in early trading to 7,836.70, while the German DAX shed 0.7% to 25,134.29. Britain's FTSE 100 lost 0.6% to 10,703.98.U.S. shares were set to drift higher with Dow futures up 0.3% at 52,332.00. S&P 500 futures gained less than 0.1% to 7,735.25.In Asia, Japan's benchmark Nikkei 225 declined 1.3% to finish 64,075.42. Australia's S&P/ASX 200 lost 0.3% to 8,816.90. South Korea's Kospi dropped 3.7% to 5,552.74, as the frenzy over AI-related issues resulted in a decline. Hong Kong's Hang Seng fell 1.3% to 23,867.74, while the Shanghai Composite edged up 0.1% to 3,735.37.Analysts say investors are also waiting for the upcoming slew of earnings reports from various major companies.In energy trading, benchmark U.S. crude jumped 2.13% to $105.87 a barrel. B