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NewsSignals AI analysis·Reuters·

Stocks fall, but tech shares steady after selloff; oil hits highest in nearly six months

Grade Abearish AI signal$BRENT$WTI$SPX$DJI$NDX$XAU
Major stock indexes fell on Friday as Middle East supply concerns pushed Brent crude to its highest level in nearly six months, while technology shares largely stabilized after Thursday’s AI-driven selloff. Brent crude settled at $116.72 per barrel, up 3.14%, while WTI climbed 3.8% to $103.27; the S&P 500 fell 0.52% and the Dow dropped 1.23%. Rising oil prices could intensify inflation pressures and weigh on equities if Middle East energy supply disruptions worsen.

Bullish strength: 35/100

  • Brent crude rose 3.14% to $116.72 per barrel, its highest level since April 29.
  • WTI crude climbed 3.8% to $103.27 per barrel.
  • The S&P 500 energy sector rose 2.5% to a record high.

Bearish strength: 65/100

  • The Dow fell 1.23% and the S&P 500 declined 0.52%.
  • Houthi attacks in Saudi Arabia heightened concerns about Middle East energy supply disruptions.
  • Higher oil prices could intensify sticky inflation concerns and pressure broader equity markets.
  • European stocks recorded their steepest weekly loss since early September.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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