Nasdaq 100 futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will pay off. Brent rose above $110 a barrel, with the Strait of Hormuz still shut.<\/p>\n
S&P 500 contracts fell 0.6%. Tech was on the back foot after the Wall Street Journal reported that OpenAI recently failed to meet its goals for new users and sales. SoftBank Group Corp., a key backer of ChatGPT\u2019s owner, slumped 9.9% in Tokyo. US-based OpenAI partners including Oracle Corp and CoreWeave Inc. fell in premarket trading. Nvidia Corp was poised to drop 2.9% from a record high.<\/p>\n
Brent advanced for a seventh straight day. The White House said President Donald Trump will address a proposal from Iran to resume oil flows through Hormuz \u201cvery soon.\u201d The dollar rose alongside global bond yields.<\/p>\n
Tech stocks are under pressure again following the end of an 18-day advance in chipmakers. Resurgent optimism about AI stood behind the charge as the rest of the market lagged due to rising oil prices. Wednesday\u2019s earnings from four hyperscalers will offer the rally another test.<\/p>\n
\u201cThe single most important line item isn\u2019t revenue or margins; it\u2019s capex,\u201d said Amanda Lyons, IT-sector lead and head of research at Energy Group Capital. \u201cAny hint of slowing spend would be taken negatively for the ecosystem, but a sharp step-up would likely raise questions around returns.\u201d<\/p>\n
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Europe led global bond losses on worries that rising oil prices will push inflation higher and prompt central banks to tighten monetary policy. Euro-area consumers saw prices soaring 4% over the next 12 months, up from 2.5% in February, according to a European Central Bank survey.<\/p>\n
Ahead of this week\u2019s policy meetings by the Federal Reserve, ECB and Bank of England, traders expect officials to keep rates on hold. The outlook gets cloudier for subsequent meetings, with everything hinging on the duration of the Middle East war. Money markets see the ECB and BOE hiking as soon as June, while odds are for the Fed to keep rates on hold for the rest of the year.<\/p>\n
\u201cThe rising oil price is starting to feature in macro data,\u201d said Anna Macdonald at Hargreaves Lansdown. \u201cThe longer the crisis rolls on, the more severe the impacts will be, and the more we expect it will dominate investor attention.\u201d<\/p>\n
Earnings warning<\/strong> \u201cRather than oil moves driving sentiment, time could be the more important factor to watch,\u201d said Laura Cooper, head of macro credit at Nuveen. \u201cAs the conflict extends and energy prices stay elevated, it will become increasingly complex to disentangle supply shortages and demand destruction as recession risks rise.\u201d<\/p>\n ADVERTISEMENT:<\/p>\n CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n Corporate highlights:<\/p>\n Some of the main moves in markets:<\/p>\n Stocks<\/strong><\/p>\n Currencies<\/strong><\/p>\n Cryptocurrencies<\/strong><\/p>\n Bonds<\/strong><\/p>\n Commodities<\/strong><\/p>\n This story was produced with the assistance of Bloomberg Automation.<\/p>\n \u00a9 2026 Bloomberg<\/p>\n<\/p><\/div>\n #Nasdaq #futures #hit #fears #Brent #tops<\/p>\n","protected":false},"excerpt":{"rendered":" Nasdaq 100 futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will pay off. Brent rose above $110 a barrel, with the Strait… <\/p>\n","protected":false},"author":1,"featured_media":650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[619,618,616,617,615,620],"class_list":["post-649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-brent","tag-fears","tag-futures","tag-hit","tag-nasdaq","tag-tops"],"_links":{"self":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=649"}],"version-history":[{"count":0,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/media\/650"}],"wp:attachment":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
With earnings season in full swing, reports across the industrial, materials and energy sectors have highlighted headwinds from high commodity prices and rising logistics costs. The worries have so far been concealed by the rapid advance in tech stocks, but some investors warn there\u2019s a risk of bitter surprises ahead.<\/p>\n\n
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