Oil Prices Slide, AI Stock Buzz Fades
4 Articles
4 Articles
Oil prices slide, AI stock buzz fades
The Brent international crude benchmark again dipped back below $100 a barrel, with investors eyeing a potential meeting between US President Donald Trump and Iranian President Masoud Pezeshkian at the UN General Assembly in New York. Hopes that Saudi Arabia will quickly resume flows through its East-West pipeline added to the downward pressure. A renewed burst of confidence in artificial intelligence, which pushed technology stocks higher in As…
US Stock Futures Drift After AI-Driven Rally, Oil Prices Slip
US stock futures meandered Tuesday morning with traders holding onto big AI-fueled gains and looked for positive developments in the Middle East conflict that would lead to lower oil prices.
Brent fell 1.9% and was repositioned below $100 per barrel, while Wall Street and major European stock exchanges operated on the rise. Investors are closely following a possible meeting between Donald Trump and Iranian President Masoud Pezeshkian, while Meta’s new artificial intelligence agent renewed enthusiasm for technology. Read more
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