Oil Dips as Markets Digest Iran Tensions and AI Bets
TL;DR Summary
Oil fell for the first time in six days after Trump signaled restraint toward Iran, while metals slid and Asian shares were mixed; US futures slipped on a rotation out of tech even as the Russell 2000 outpaced the S&P 500, and US data showed November retail sales rose with a modest uptick in wholesale inflation—keeping Fed-cut expectations in focus. Corporate moves highlighted OpenAI-Cerebras, Alphabet Gemini expansion, Infosys forecast lift, and Toyota’s privatization bid, underscoring a cautious, uneven global market backdrop.
- Asian Shares Set for Weaker Open, Crude Oil Falls: Markets Wrap Bloomberg.com
- Asia stocks slip tracking Wall St losses; KOSPI hits new peak on Samsung earnings Investing.com
- Asian benchmarks are mixed after Wall Street pulls back and global uncertainty grows MSN
- World shares mostly lower after Wall Street's strong start to the year cools WRAL
- Asian shares mostly lower after Wall Street's strong start to the year cools Herald Bulletin
Reading Insights
Total Reads
0
Unique Readers
5
Time Saved
37 min
vs 37 min read
Condensed
99%
7,382 → 81 words
Want the full story? Read the original article
Read on Bloomberg.com