Trading Day: Sizzling AI now fizzling

Summary

Another heavy selloff in tech dragged U.S. and global stocks lower on Wednesday. Investor sentiment was rocked and oil prices rose sharply after U.S. President Donald Trump threatened to hit Iran 'very hard'. AI-related stocks were also caught in the downturn, raising doubts about the sustainability of the AI boom.

Source links

• https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-06-10/
• https://www.reuters.com/business/energy/oil-rises-2-iran-announces-closure-strait-hormuz-following-us-strikes-2026-06-11/
• https://www.reuters.com/business/wall-st-futures-rise-tech-buying-middle-east-peace-hopes-2026-06-11/
• https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-06-11/