Wall Street is sharply lower in late trade with AI stocks again weighing on the market while escalating tensions in the Middle East are casting doubt on when United States and Iran can reach a deal to reopen the Strait of Hormuz to oil tankers.

Drops follow sharp sell-off of US tech stock last week while oil prices jump after Iran and Israel exchange strikes

Wall Street recovered some ground on Monday as technology and semiconductor stocks linked to the artificial intelligence (AI) boom bounced back from Friday's sharp sell-off while…

The Australian sharemarket opened sharply lower on Tuesday as local investors caught up with Wall Street’s sell-off on Friday and a flare-up of fighting between Israel and Iran.

Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back.

Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back.

Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back.

Another sell-off for high-flying artificial-intelligence stocks whipsawed Wall Street.

Another sell-off for high-flying artificial-intelligence stocks whipsawed Wall Street.

Another sell-off for high-flying artificial-intelligence stocks whipsawed Wall Street.

The Australian sharemarket is higher despite a new escalation in the Middle East after US forces struck Iran and a sell-down on Wall Street.

The Australian sharemarket is lower in early trade as fresh US strikes on Iran cast doubt on the chances of a deal to reopen the Strait of Hormuz.

Wall Street has closed sharply lower with AI stocks again weighing on the market while escalating tensions in the Middle East are casting doubt on when United States and Iran can…

Wall Street is sharply lower in late trade with AI stocks again weighing on the market while escalating tensions in the Middle East are casting doubt on when United States and…

Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower.

S&P 500 drops 1.6 per cent while Brent crude rises on West Asia tensions and hotter inflation data