Stocks falter on AI worries, oil spikes on Iran concerns | live
By Amanda Cooper and Pete Schroeder LONDON/WASHINGTON, July 7 (Reuters) - Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions. The tech-heavy Nasdaq Composite was down 0.97% in early trading Tuesday, while the S&P 500 slipped 0.32%. The Dow Jones Industrial Average was flat.
By Amanda Cooper and Pete Schroeder LONDON/WASHINGTON, July 7 (Reuters) - Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions. The tech-heavy Nasdaq Composite was down 0.97% in early trading Tuesday, while the S&P 500 slipped 0.32%. The Dow Jones Industrial Average was flat.
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