On Thursday, U.S. markets fell amidst growing fears that the escalations in the Middle East might disrupt the global energy supply, pivoting investor sentiment toward caution.
Brent crude oil prices surged 5%, reaching $77.62 a barrel, on track for their largest weekly gain in nearly two years, driving concerns about potential supply chain disruptions.
The Stoxx Europe 600 Index dropped 0.9% as concerns over escalating tensions in the Middle East led to declines across multiple sectors, particularly automakers and construction.
After reporting strong demand for its next-gen Blackwell chips, Nvidia shares rose over 3%, showcasing a contrasting performance amidst overall market downturns driven by geopolitical tensions.
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