The Age
·general
·3 hours ago
Wall Street drops as AI stocks slump; UAE exits OPEC May 1
Wall Street fell as slumping AI stocks impacted the S&P 500, which dropped 0.6 percent. The Australian sharemarket is set to decline by 0.4 percent at the open. The United Arab Emirates announced it will leave OPEC effective May 1, further diminishing the cartel's influence over global oil supplies.
Summary by Glance · The Age
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