Business
U.S. Stocks Fall as Tech Selloff Deepens, Oil Prices Hit $100 a Barrel
Oil prices are back above $100 a barrel, and investors are dumping tech stocks amid fresh worries that hyperscalers are overspending on AI.
Brent crude futures jumped 7% after Houthi militants claimed attacks on two Saudi tankers in the Red Sea. That’s pushing up borrowing costs around the world, with the 10-year Treasury yield at its highest level in more than a year amid fears that inflation could heat up again.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login