Global stocks fall as AI fears weigh; oil rises
Global stocks fell Monday, driven by weakness in AI-linked shares as oil prices surged ahead of expected U.S. and Japan interest-rate hikes.
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09:25:16 AM UTC
SquawkNews
By Harry Robertson and Ankur BanerjeeThe U.S. dollar rose to a two-week high on Monday as conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, weighing particularly on the recently buoyant yen.Warnings from frontier company CEOs about the possible dan…
S. dollar climbed to a two-week high on Monday as Middle East conflict lifted oil prices and drove investors into the safe-haven currency, with the yen hit particularly hard after its recent gains. Warnings from frontier company chiefs about the possible dan…