Gold prices sank further Wednesday while major stock markets mostly fell following some disappointing corporate earnings amid lingering worries over trade tensions.

Major US indices fell, with the Dow retreating from a record the prior day, as lackluster results from Netflix added to angst that upcoming reports from other tech giants may also fall short.

"Any time you've got stocks that are priced with high expectations, if you're not meeting those expectations, then the market is going to struggle with that," said Dave Grecsek, a partner at wealth management firm Aspirant.

More broadly, the market is wondering if "we are overextended here in this artificial intelligence trade," he added.

Most European equity indices also fell following declines in leading Asian markets earlier.

Furth

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