AI Stocks Slump, Weighing on Global Markets, While Oil Prices Climb

Computer chip makers and other companies benefiting from the artificial intelligence boom are experiencing another downturn, impacting stock markets globally. The S&P 500 slipped 0.2% on Thursday, with the Nasdaq composite also falling. This comes as oil prices continue to climb due to the ongoing conflict with Iran, creating a mixed market environment where technology sector losses are weighing on broader indexes.