Markets
Nasdaq closes at a record as AI shares rally and oil retreats
The Nasdaq gained 2.26% to a record close as chip stocks rallied, Brent settled at $100.34 and the U.S. 10-year yield slipped below 5%.
The Nasdaq gained 2.26% to a record close as chip stocks rallied, Brent settled at $100.34 and the U.S. 10-year yield slipped below 5%.
Brent opened $3.62 higher at $108.23 before settling at $105.68 as attacks, a pipeline shutdown and delayed Hormuz talks raised supply concerns.
Equities fell as Brent settled at $105.68 and the U.S. 10-year yield touched 5%, while investors priced possible rate increases in the United States and Japan.