Mmastodon BusinessMarkets first seen 1 d ago, last 7 h ago, peak #5

Nasdaq suffers worst week since June on AI debt and oil fears

Original: Nasdaq just had its worst week since June. AI debt jitters and another oil spike sent stocks sliding Friday: Nasdaq down

US stocks slid Friday, with the Nasdaq down about 2.1% on the day and more than 4% for the week, its worst weekly performance since June. Traders cited growing nervousness over debt loads tied to artificial intelligence spending and a fresh spike in oil prices. Commentators are watching whether the AI-driven rally is showing signs of strain.

Why now: Investors are worried that heavy AI-related borrowing and rising oil prices could derail the market rally.

Nasdaqoil marketartificial intelligence sector

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Evidence

• Nasdaq just had its worst week since June. AI debt jitters and another oil spike sent stocks sliding Friday: Nasdaq down about 2.1% on the day and more than 4% on the week. https:// beezloop.com/stocks-fall-nasda q-worst-week-since-june-ai-debt-oil/ # Stocks # Nasdaq # Economy · Beezloopnews · 1

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