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Oil, Diplomacy, and AI Stocks in Turmoil | US News
Middle East peace talks hitting a snag are sending shockwaves through markets—oil prices soar, borrowing costs climb, and U.S. Treasury yields hit multiyear highs. The ripple effect? Tech stocks, fueled by AI hype, are crashing as investors flee growth bets for safer havens like healthcare and staples. The S&P 500, Nasdaq, and Dow all took hits, with chip giants Nvidia and Micron bearing the brunt. Next up: Nvidia’s earnings report—a make-or-break moment for AI momentum amid rising rates and market uncertainty. Listen in comfort:Get a discount on a Soli Pillow…
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