US stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including the S&P 500 and Nasdaq Composite, saw a drop that illustrates growing investor jitteriness. The chip sector struggled after a revenue target cut for OpenAI was disclosed, amplifying market fluctuations.
Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yields
US equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI’s revenue performance. The Nasdaq 100 and S&P 500 saw declines as the