Oil Climbs Above $111 as AI Stocks Slide, Dragging the SP 500 and Global Markets With Them
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%.
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%.
Related market data
- CHIP: price 0.04418, 24h -8.15%, funding 0.0013%/h, OI $8.87M
Read the full story at decrypt.co: https://decrypt.co/381613/oil-climbs-above-111-as-ai-stocks-slide-dragging-the-sp-500-and-global-markets-with-them