Oil tops $113 as AI selloff hits stocks and investors buy bonds

FinanceInternationalEuronewsOct 23, 2026, 12:10 AM35 s readAI summary

Brent crude traded at $113.73 a barrel, its highest since May, on concerns over the war with Iran and rising shipping costs. Doubts about AI spending drove the S&P 500's worst session since July, with declines in Nvidia, Meta, Tesla and CoreWeave. Investors sought refuge in US debt: the 10-year Treasury yield fell to 4.97%. The French 10-year yield held around 5.07%.

In 35 seconds

Brent rose to $113.73 a barrel and WTI to $100.08, the highest since May, on the war with Iran and higher shipping costs.
The S&P 500 fell 1.2% and the Nasdaq 2.6%; Nvidia dropped 4.4%, Meta 7%, CoreWeave 10.1% and Tesla 3.1%.
The 10-year Treasury yield fell to 4.97% from 5.13% at the previous close as investors bought safe assets.

Read the full story at Euronews

IASummary generated by artificial intelligence from a story by Euronews. It may contain errors: the original source prevails.

petróleo
inteligencia artificial
bonos
mercados
wall street

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Oil tops $113 as AI selloff hits stocks and investors buy bonds

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Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill