Stock market
Nasdaq falls over 2% on Meta drag, slide in chip stocks; oil jumps and bonds rally
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More on Stock market
- RBC’s New Canada Stock Strategy Chief Sets TSX Target at 38,600Royal Bank of Canada’s capital markets division named Sara Mahaffy as head of Canadian equity strategy, marking the first time in a decade it’s had a dedicated strategist covering the domestic stoc...
- Russian stock market closes with mixed dynamicsBCS World of Investments expects the MOEX Index to remain above 2,400 points on Friday
- Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With ThemBrent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.
- Meta shares slide, default insurance hits record as AI spending alarms investors
- Moderna shares plunge on apparent cancer vaccine data leak
- ‘AI is on trial’: Bond yields sink below 5% as investors look for safetyInvestors are flooding back into Treasurys for safety to hedge the risks of more AI fallout in stock and credit markets.