Markets React to AI and Oil Surge | Mobile News

Markets are shifting as Asia dips—Japan’s Nikkei crashes 2.5%, South Korea’s Kospi falls 1.6%—while investors flee local volatility for U.S. shores amid the AI boom. Australia stays flat, Hong Kong and Shanghai nudge up slightly. AI’s ripple effect is now lifting equipment, electronics, and materials firms globally. Energy surges too: Brent crude hits $91.35, U.S. crude at $85.16, fueling stubborn inflation. Iran’s stalled nuclear talks and looming deadline add tension, rattling oil prices after recent tanker passage hopes fizzled. Wall Street retreats from record highs—S&P 500 down 0.5%, Dow drops 272 points—with the dollar gaining strength against the yen. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/10f4cb1aa9a5e42f