Wall Street Opens Lower as Oil Surges Toward $100, Tech Holds Up Better Than Cyclicals
Executive summary: U.S. markets opened under pressure, with the S&P 500, Nasdaq Composite, Dow Jones and Russell 2000 all lower in early trade. The sharpest cross-asset move is in WTI crude, which jumped back near $100 a barrel, while bitcoin, ether and several rate-sensitive groups also weakened. AI and chip stocks outperformed, helping the tech sector stay positive even as banks, small caps and defense shares slipped. [Continue Reading]
Sponsored

