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Oil Drops on Geopolitical Easing as AI Spending Supports S&P 500

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Brennan Asset Management highlights market optimism following potential Iran truce negotiations that lowered oil prices.
  • Despite high S&P 500 valuations and persistent telecom headwinds, investor attention remains heavily concentrated on massive AI infrastructure investments.
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BRENT price history

107.06 +67.91% over the displayed period

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