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Futures Wobble After AI Bloodbath As Brent Hits $114, France Braces For Moody's
Futures Wobble After AI Bloodbath As Brent Hits $114, France Braces For Moody's US futures are lower, erasing a modest overnight bounce, as markets scramble after Thursday's violent AI liquidation while oil rises again: Brent hit the highest level since May after the Houthis fired another missile at Riyadh and an IRGC official declared traffic of "illicit" vessels through Hormuz "completely stopped" (contradicted by a Bloomberg headline just minutes prior), while Thursday's haven bid fades; as a result Treasuries give back part of their biggest rally in more than two years with th