
Oil Dips as Markets Digest Iran Tensions and AI Bets
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.












