AI Stocks Tumble as Nasdaq, S&P 500 Fall and Oil Hits Five-Month High Amid Iran War Fears
7 Articles
7 Articles
US Futures Slip as Risk-Off Sentiment Dominates With Oil Rising
Stocks opened lower on Thursday as escalating concern about Mideast conflict pushed oil futures higher, spurring inflation fears with US midterm elections less than two weeks away. Meta Platforms Inc. tumbled as investors parsed its results along with the rest of the latest batch of technology earnings for evidence that massive spending on AI is paying off.
Nvidia loses 2.3%, and the yield of U.S. bonds for 10 years reaches 5.03%. Federal Reserve decision on interest comes on October 28th.
Falling AI stocks drag the world's stock markets into the red on Thursday. At the same time, oil prices reached their highest level since May. On Wall Street, the S&P 500 fell by almost 0.9 percent from the start, the Nasdaq is down 1.5 percent, and the Dow Jones fell by 152 points. Europe, including the Oslo Stock Exchange, also saw a broad decline. In the Asian markets, […]
AI stocks tumble as Nasdaq, S&P 500 fall and oil hits five-month high amid Iran war fears - THE LOCAL REPORT ARTICLES
Stocks linked to artificial intelligence (AI) fell sharply on Thursday, dragging stock markets across the world lower. At the same time, oil prices climbed to their highest level in five months as investors worried about the war involving Iran and its impact on global energy supplies. AI stocks fall as oil prices hit a five-month ...
Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them
Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.
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