Brent Oil's Price Briefly Tops $100 Per Barrel, As Stocks Are Set To Drop On Wall Street

Brent Oil's Price Briefly Tops $100 Per Barrel, As Stocks Are Set To Drop On Wall Street

Brent oil surged to $100+ per barrel after Red Sea attacks, pressuring the S&P 500 (-1.2%) and raising Fed rate-hike odds to 36%. Tech sector faces margin compression and market skepticism on Alphabet's $45B AI capex amid ROI concerns.