Stocks are still frothy a day after a brutal rout sent the Nasdaq 100 to its worst day since June. Tech stocks recovered slightly after a round of frenzied selling hit the AI sector yesterday, but the pain spread to blue chip stocks on Friday as investors took in the latest surge in oil prices
The bull market stumbled Thursday, with US stocks seeing a fresh sell-off amid the latest surge in oil prices and continued anxiety over the AI trade. Oil jumped as markets digested a New York Times report that the US and Israel are planning strikes on Iran after the midterm elections. The report, which cited US
Investors got a reprieve on Thursday as the bond market regained its footing following a global sell-off earlier in the week. A rout in global bonds on Tuesday that sent yields spiking was partly reversed on Thursday, with investors cheering as US Treasury yields dropped from multi-year highs. The move appeared to be largely driven
The Dow closed at a record on Monday, with stocks rallying and crude prices tumbling to start the month. Major indexes were sharply higher after the Donald Trump said he called off an attack on Iran and that peace talks were set to resume. The rally picked up steam as oil prices tumbled, with the
