• 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

Stocks fall on doubts over AI returns and oil above $110 a barrel

FinanceInternationalCinco Días35 s readAI summary
Image: Cinco Días

Stock markets are retreating on nerves over the profitability of artificial intelligence investments, after results from major tech companies failed to reassure investors. Nasdaq 100 futures fall 1.1% and S&P 500 futures 0.5%, following mixed results from Tesla and Meta. Risk aversion is worsened by rising oil prices: Brent gains 1.5% and tops $110 a barrel after heightened tensions in the Middle East.

In 35 seconds

  • Nasdaq 100 futures fall 1.1% and S&P 500 futures 0.5% after mixed results from Tesla and Meta
  • Tesla fell 3.3% after hours as it cut its capital spending forecast; Meta rose 2.2% after doubling down on AI
  • Brent gains 1.5% and tops $110 a barrel after deadly attacks in Saudi Arabia
Read the full story at Cinco Días

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

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