Chip Stocks Weaken, Oil Steady as Investors Await Hormuz Progress

Chip Stocks Weaken, Oil Steady as Investors Await Hormuz Progress

Chip stocks fell in Asia and the U.S. as investors once again grew nervous about the durability of artificial-intelligence spending | World News

Brent crude oil held below $80 a barrel, while U.S. Treasurys and the dollar were little changed as investors await further clarity on the progress of talks to reopen the Strait of Hormuz. Iran and Oman are close to an agreement that would create two... [4539 chars]

Published by: Hindustan Times

Read full article here: https://www.hindustantimes.com/world-news/chip-stocks-weaken-oil-steady-as-investors-await-hormuz-progress-101786007561600.html

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