Tech Sell-Off and Middle East Tensions Impact Global Markets
Global stocks declined as rising tensions in the Middle East pushed oil prices higher, while fears of an overextended AI rally led to selling pressure on tech shares. A disappointing outlook from Broadcom and a strong U.S. jobs report increased expectations for a Federal Reserve rate hike.
Tickers: $AVGO
Topics: AI stocks broadcom outlook Middle East conflict oil prices U.S. jobs report