AI Concerns and Rising Oil Prices Pull US, European and Global Stocks Lower

US stocks sold off on Thursday as oil prices rose, and strong results from Meta and Tesla failed to revive investor enthusiasm for tech shares. Losses in AI stocks dragged global markets lower, while oil hit its highest level since May amid concerns over the war with Iran.

AI-written summary of 4 sources; every verified point is backed by a verbatim quote. How Iyan works

• Strong results from Meta and Tesla failed to spark renewed enthusiasm for tech shares despite their positive nature.

  «upbeat Meta and Tesla earnings failed to spark fresh tech bullishness»

  Insider
• Losses in AI sector stocks pulled global markets lower on Thursday.

  «Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday»

  Associated Press News on MSN
• Oil reached its highest level since May, with coverage linking the move to fears of war with Iran.

  «oil prices hit their highest levels since May on worries about the war with Iran»

  Associated Press News on MSN
• European stocks fell across the board on oil prices and corporate earnings.

  «الأسهم الأوروبية تتراجع جماعياً بفعل النفط ونتائج الشركات»

  CNBC عربية

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