Stocks sink on Big Tech cash burn; oil hits $100 for first time since May
By Lawrence Delevingne and Marc Jones July 23 (Reuters) - Oil prices spiked to $100 a barrel for the first time since May, major tech giants knocked U.S. stocks lower, and Europe's borrowing costs spiked to long-term highs in an unsettling day across markets on Thursday.
By Lawrence Delevingne and Marc Jones July 23 (Reuters) - Oil prices spiked to $100 a barrel for the first time since May, major tech giants knocked U.S. stocks lower, and Europe's borrowing costs spiked to long-term highs in an unsettling day across markets on Thursday.
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