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Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them

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TLDR — Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.

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Brent crude hit a five-month high while Nvidia, Meta and chip stocks fell, pulling Asia's benchmark indexes down by up to 3.5% a week after South Korea's Kospi plunged 7.57%.

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