Tech Slides on AI Spending Worries; Oil Jumps to One-Month High on Geopolitical Tensions
MUMBSI, 23 OCTOBER: U.S. equities sold off sharply on Thursday as renewed concerns over artificial-intelligence spending combined with a surge in crude prices. The Nasdaq Composite fell 2.6% to 26,008.86, its worst session since June while the S&P 500 lost 1.21% to 7,663.43, its biggest daily decline since July. The Dow Jones Industrial Average bucked…
