Wall Street closes mixed as Meta and Microsoft offset AI and energy weakness, oil slides nearly 6%
Executive summary: US stocks finished mixed, with the S&P 500, Nasdaq and Russell 2000 lower while the Dow was essentially flat. Meta and Microsoft led large-cap gains, but weakness in Nvidia, Amazon, Apple, Tesla and energy shares kept the broader tape under pressure. The sharpest macro move was in WTI crude, which fell nearly 6%, while gold and bitcoin firmed and the dollar strengthened against the yen. [Continue Reading]
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