US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
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Source: The Manila Times
Published: 2026-02-28 14:42 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
NEW YORK — US stocks sank Friday as Wall Street kept punishing companies that could become losers in the artificial-intelligence revolution. A surprisingly discouraging update on inflation also hurt the market, while oil prices climbed with worries about tensions between the United States and Iran.
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