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Stocks in Asia were down following a sell-off in the U.S. markets over soaring oil prices, rising borrowing costs and worries about the technology industry.
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Wall St falls as tech earnings spark AI spending worries and oil hits $100 ReutersStocks Tumble as A.I. Spending and Oil Prices Weigh on Market The New York TimesStock market today: Dow, S&P 500, Nasdaq sell off as rising oil prices, bond yields, and AI capex weigh Yahoo FinanceBrent oil tops $100 per barrel, as tumbles for Tesla and Alphabet yank Wall Street lower AP News
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Tesla's stock has its worst drop in a year after the company's earnings call leaves Wall Street with more questions than answers.
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Asian stocks sink, bonds struggle as oil spike stokes rate risks ReutersA dangerous new phase of war is breaking all the oil market's constraints CNNBrent Crude Oil Prices Top $100 as Conflict With Iran Drags On The New York TimesShortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil' CNBC
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Donald Trump warns US is weighing ‘massive attack' on Iran as Middle East tensions ratchet higher
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One analyst suggested stocks may be suffering from "rally exhaustion."
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Investors pulled out of most asset classes, with stocks and bond funds seeing a combined $36 billion of outflows in the week to Wednesday, BofA said, amid fears of economic damage from the ...
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