7 Hrs
Source:
الاقتصادية
Wall Street drops as chip and oil stocks decline
The American stock indices declined across the board, led by losses in semiconductor company shares, due to growing concerns over debt-funded spending on artificial intelligence and the Federal Reserve's readiness to tighten monetary policy. Oil prices also dropped by more than 1%, as investors awaited progress in negotiations between the United States and Iran through the Strait of Hormuz, while prices remained near their lowest levels in approximately four months.
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