Episode Details

US stocks plummeted on Thursday, with tech and semiconductor shares leading the decline. The Nasdaq Composite entered correction territory, falling over ten percent from its recent high. Oil prices surged amid Middle East tensions, with Brent crude staying above one hundred two dollars a barrel. Traders are worried about a potential US recession due to higher oil costs and inflation. Jobless claims data was in line with expectations, offering no relief. With volatility in markets, investors will closely monitor geopolitical updates and economic signals.

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