U.S. stocks closed broadly lower overnight as escalating tensions in the Middle East pushed oil prices up 5%, with investors focusing on upcoming Federal Reserve meeting minutes.
According to PANews, the AI sector cooled as capital rotated, while U.S. overnight trading saw a sharp rise in Chinese concept stocks.
The report added that the storage and semiconductor sectors also posted a modest rebound.
PRECIOUS METALS | U.S. Stocks Close Lower as Middle East Tensions Lift Oil 5% and Fed Minutes Loom
2026-07-08 04:43:55
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