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World markets walk a tightrope between AI stocks and oil shocks
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- World markets walk a tightrope between AI stocks and oil shocks By Naomi Rovnick Wed, June 10, 2026 at 9:50 PM GMT+7 4 min read CL=F By Naomi Rovnick
- Global equities hit an all-time peak on June 3, suffered their worst day since October two days later, and have spent this week reversing course constantly in line with U.S.
- "If we move to expecting oil prices of $95 or more for many more months, that would be a complete change of view and a stagflation outlook," he added.
World markets walk a tightrope between AI stocks and oil shocks By Naomi Rovnick Wed, June 10, 2026 at 9:50 PM GMT+7 4 min read CL=F By Naomi Rovnick
LONDON, June 9 (Reuters) - Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or oil shocks from the U.S.-Iran war pushing stocks and bonds into a tailspin.
Global equities hit an all-time peak on June 3, suffered their worst day since October two days later, and have spent this week reversing course constantly in line with U.S. President Donald Trump s volatile rhetoric about Iran and rapidly shifting bets about when the Strait of Hormuz shipping route might reopen.
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