Geopolitics, AI costs and key data loom over markets this week

Geopolitical tensions in the Middle East push markets toward caution with stocks slipping and oil and gold climbing, as traders brace for a busy week that includes the February nonfarm payrolls report and earnings from Broadcom and Target. The AI chip landscape and a White House AI industry summit also feature prominently, highlighting potential AI-driven cost pressures and energy considerations for markets in the near term.