U.S. Stocks Fall as AI Selloff, Oil Jump Rattle Markets

U.S. stocks fell as a sharp selloff in chip stocks rattled investor confidence in the artificial-intelligence trade.

Trump Says He Is Reimposing the U.S. Blockade of Iran

The move would sharpen a standoff over control of Hormuz that has led to days of fighting.

Oil Surges Most Since 2020, Reflecting Bet That Strait Won't Go Back to Normal