Oil soars above $111 as stocks plummet on Iran strike news, AI spending concerns
Stocks fell Wednesday as oil prices soared above $111 a barrel on reports that the US and Israel are planning new strikes on Iran, while Meta and Tesla led tech stocks lower on AI spending concerns.
Republican Ledger staff · 11:54 AM ET
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Stocks fell Wednesday as oil prices soared above $111 a barrel on reports that the US and Israel are planning new strikes on Iran, while Meta and Tesla led tech stocks lower on AI spending concerns.
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