Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday, following a rollercoaster week for markets that has sent shivers through trading floors.

(Bloomberg) -- Stocks and bonds dropped as investors grappled with rising oil prices, mounting bets on US interest rate hikes and a pullback in the artificial-intelligence trade.

Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential U.S. interest rate hikes, and escalating tensions in the…