European chip stocks fall on AI exposure selloff
European semiconductor shares fell as investors sold tech stocks with artificial-intelligence exposure. E-mini Nasdaq 100 futures also pointed lower, indicating weaker U.S. tech sentiment.
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U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.