Oil prices break through $111, AI stock decline drags down global markets
2026-10-23 01:37:47
CoinMeta data: Brent crude oil prices rose 2.6% on Thursday, reaching $111.66 per barrel, a new high in five months. At the same time, AI related stocks declined, leading to a general drop in global markets. In the New York market, the NASDAQ index fell 1.5%, and the S&P 500 index fell 0.8%. In addition, South Korea's KOSPI index fell 3.52%, Japan's Nikkei 225 index fell 2.65%, and Hong Kong's Hang Seng index fell 3.03%. China's CSI 300 index entered a bear market, falling more than 20% from its recent high.
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Source:Decrypt
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