23 Hrs
Source:
الاقتصادية
Wall Street fluctuates as tech weakens and oil declines
The performance of Wall Street indices varied, with major technology stocks declining while the Dow Jones continued to rise, supported by gains in the healthcare and industrial sectors. Oil prices fell by over 3% following progress in US-Iran talks and the reopening of the Strait of Hormuz, with Brent crude dropping to $77.90 per barrel and West Texas Intermediate down to $74.82. Additionally, SpaceX issued its first bond offering. Meanwhile, shares of major technology companies such as Alphabet, Amazon, and Microsoft declined amid concerns over the substantial spending on cloud computing infrastructure.
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