TOKYO (AP) — Global shares retreated Tuesday despite the big lift in overseas markets from optimism over artificial intelligence technology, as traders sold shares to lock in recent profits.

France's CAC 40 lost 1.3% in early trading to 8,007.48, while Germany's DAX dipped 1.5% to 23,780.93. Britain's FTSE 100 slid 0.8% to 9,624.57. U.S. shares were set to drift lower with Dow futures down 0.8% at 47,112.00. S&P 500 futures lost nearly 1.0% to 6,816.50.

In Asia, Japan's benchmark Nikkei 225 dipped 1.7% to finish at 51,497.20 following a national holiday on Monday.

"Japan market continues to pivot from mean reversion to momentum, with AI/semis driving gains through steep valuation rerating," said Shrikant Kale, strategist at Jefferies Hong Kong.

Australia's S&P/ASX 200 shed 0.9% to 8,81

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