Dow Falls 1.2% as AI Spending Fears Hit Tech | Global Economy, Oct 24
4 Articles
4 Articles
US stock markets closed the week lower, overshadowed by concerns about the cost of AI investments and escalating tensions in the Middle East. According to two separate Reuters reports, oil prices surpassed $114, while technology stocks saw sharp sell-offs. Investors sought safe havens.
Wall Street closes with Dow losing 652,82 points, Brent at $116.72 and bonus at 4.99%. Technological results and Fed, next catalysts. La entrada Wall Street weekly closing: Dow leaves 653 points with oil at 116 dollars aparece primero en Merca2.
Global Tech Sell-Off Eases as AI Funding Fears Rattle Markets, Oil Surges to $114
Global technology stocks stabilized on Friday after a sharp sell-off driven by concerns over the enormous financing requirements of artificial intelligence, while renewed geopolitical tensions pushed oil prices to a five-month high and kept investors on edge. Asian markets provided some relief after Wall Street’s losses, although European equities remained under pressure. The STOXX Europe […]
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