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Global markets decline as Brent exceeds 106
Most global market indicators declined today, Thursday, as investors Attempted to digest recent volatility in oil prices and the U.S. bond market. French "CAC 40," German "DAX," and British "FTSE 100" indices deteriorated, along with futures contracts for the S&P 500 and Dow Jones. Meanwhile, the Japanese Nikkei index rose by 0.8%, supported by chip manufacturers poised to benefit from the growing interest in artificial intelligence. Oil prices increased significantly, with Brent surpassing $106 per barrel amid concerns over the ongoing war with Iran and delays in negotiations. U.S. oil prices also rose. In the currency market, the dollar strengthened against the Japanese yen, while the euro remained stable.
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