Daily Market Updates: Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them

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Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them

Reported · Written up by our desk · Bitcoin

Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.

Latest closeWTI crude $103.44 ▲4.0%|Brent $111.66 ▼1.3%|S&P 500 7,623.68 ▼0.5%

← Newer storyBetter Forecasting Starts With Admitting You’re Wrong Older story →Citi’s $60 Oil Call Meets $112 Brent

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DecryptOil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them

Crypto

Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them

More like this

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