Asian shares experienced a slight dip, while oil prices briefly surged following U.S. attacks on Iranian nuclear sites, sparking concerns about potential retaliation and its impact on global inflation and economic activity. Investors are closely monitoring the situation, particularly the Strait of Hormuz, a critical chokepoint for oil and gas supplies.
Global Market Today: Asian stocks slip on AI woes, oil extends drop
Asian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-high valuations amid rising costs