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Stock Losses Build as AI Rally Cools, Oil Jumps: Markets Wrap
(Bloomberg) -- Stocks and bonds dropped as investors faced a trio of headwinds with a pullback in the artificial-intelligence trade, mounting bets on a US interest rate hike and rising oil prices due to a worsening of the Middle East conflict.
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swissinfo.ch
Stocks Drop on Korea-Led Tech Selloff, Oil Gains: Markets Wrap
(Bloomberg) -- A selloff in technology stocks gathered pace as the artificial-intelligence trade unwound, dragging down shares of major chipmakers after a blistering rally. Oil…
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thehindubusinessline.com
Asian markets slide as AI rally fades, oil prices jump and rate hike fears grow
Asian stocks fell as the AI rally cooled, oil prices surged on Middle East tensions, and stronger US jobs data fueled interest rate concerns.
