ASX set to retreat as tech stocks, rising oil prices weigh on Wall Street
--------------------------------------------------------------------
Source: The Age
Published: 2026-05-18 05:18 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Energy, Economy & Finance, Financial Markets, Business & Economy, Technology
--------------------------------------------------------------------
Snippet:
The US stock market fell from its records on Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. Stocks that had been caught up in the euphoria around artificial-intelligence technology led the way lower.
--------------------------------------------------------------------