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Stock market today: Dow sinks as oil jumps amid US.-Iran war; Oracle soars (live coverage)
The Dow Jones index drops Wednesday as oil prices rise. AI stock Oracle surges on earnings.
The fresh wave of Israeli-led attacks has jolted markets that on Monday mostly managed to shake off the initial shock of the outbreak.
The Dow and S&P 500 fell as markets reacted to oil prices and the Iran war. The Nasdaq gained on a boost from Oracle.
Trading steadied early Tuesday and crude prices eased after wild swings this week with investors trying to figure out how long the war with Iran will continue.
US stocks traded in a narrow range on Wednesday even as crude oil prices resumed their upward move amid continued uncertainty over the conflict with Iran, according to an Associated Press report. The S&P 500 edged up 0.
Stocktwits on MSN
MRVL surges 12% pre-market: Wall Street upgrades stock as AI and cloud chips demand shines
Cody Acree said Marvell’s expanding set of revenue drivers should outweigh concerns about individual projects. ・BofA said the earnings call increased confidence that Marvell is well-positioned in AI-related optical connectivity technologies.
The people who know the hottest artificial intelligence (AI) stocks best are sending a worrisome signal to investors.