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Vol. I · No. 39 Texas Edition
Saturday, Nov 7
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Puerto Rico

AI stocks, oil fall as investors bet onchange after US election ‘blue wave’

By The San Juan Daily Star 1 min read 1 views 0 comments
AI stocks, oil fall as investors bet onchange after US election ‘blue wave’
Image: The San Juan Daily Star

Chip stocks and the dollar fell on Thursday, while oil steadied around recent lows and broader share prices, gold and other assets rose after a sweeping Democratic victory in US midterm elections raised hopes for an end to the US-Iran ​war. Brent crude futures dived nearly 9% overnight, falling below $100 a barrel for the first time in two months. The price has dropped by about 20% so far this week, heading for ‌its largest weekly loss since April 2020. Tumbling energy prices ‌encouraged a...

The San Juan Daily Star Original story · www.sanjuandailystar.com
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