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business22h ago
Blockade, Tech and Central Banks | Investing.com
- Markets mix in a day of geopolitical tension, AI spending questions, and central bank prep.
- Energy stocks led gains as Brent rose above $100, buoying the S&P 500 despite tech headwinds.
- OpenAI’s slower sales targets sparked concerns about funding future AI contracts.
- Australian inflation data showed March gains, with automotive fuel surging 32.8% year over year.
- BoC is expected to hold at 2.25% while the Fed is largely priced for a steady policy path.
- US indices hovered as investors await mega-cap results after the close.
- Oil prices remained elevated, supporting risk sentiment amid broader uncertainty.
- S&P 500 and Nasdaq declined as technology concerns outweighed energy gains.
- Investors monitor inflation data and central-bank signals for guiding policy expectations.
- Markets await earnings from Meta, Microsoft, Amazon, and Alphabet to gauge AI spending impact.
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