Global Shares Subdued After US Tech Earnings Disappoint

Passersby are reflected on an electric stock quotation board outside a brokerage in Tokyo, Japan, on April 18, 2023. Issei Kato/Reuters

LONDON, SYDNEY—Global stocks edged lower on Friday after disappointing tech earnings sapped risk appetite, while the dollar soared against the yen.

The MSCI World index of global shares, which has risen more than 16 percent this year, dipped 0.3 percent. Europe’s STOXX 600 was flat and Germany’s tech-heavy Dax slipped 0.3 percent.