• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Nasdaq 100 falls 2.2% on Meta slump as oil tops US$112

FinanceInternationalBloomberg Línea40 s readAI summary
Image: Bloomberg Línea

Wall Street deepened its losses on Thursday amid doubts over AI financing and a rally in oil. The Nasdaq 100 fell 2.2% and the S&P 500 dropped 1.2%. Meta lost more than 6% of its market value, a decline of over US$115 billion, and its five-year credit default swap premium hit a record 119 basis points. Brent rose 3.1% to US$112.21 after attacks on Saudi facilities.

In 40 seconds

  • The Nasdaq 100 fell 2.2% and the S&P 500 dropped 1.2% in a session marked by a move out of risk assets.
  • Meta lost more than 6% of its market value, a decline of over US$115 billion, and disclosed spending commitments of about US$825 billion.
  • Brent rose 3.1% to US$112.21 a barrel after a drone attack on Saudi Aramco's Shaybah field.
Read the full story at Bloomberg Línea

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

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