News

AI stocks

News about AI stocks: events, facts and developments on tafs uz.

2 stories

Oil above $113 amid war with Iran, AI stock selloff drags down S&P 500, investors flee to bonds

Asian stock markets mostly declined on Friday following a selloff in AI-related stocks that made the previous day the worst for the S&P 500 since July. Brent traded above $113 — a high since May — amid attacks in Saudi Arabia and rising freight costs. The yield on 10-year US Treasuries fell sharply to 4.97% as funds flowed into safe-haven assets.

3 min read