Nasdaq 100 falls 2.2% on Meta slump as oil tops US$112
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.
IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.




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