London, Feb 27, 2026 (AFP) - Stocks slide, oil jumps tracking AI and Iran

NAMPA / AFP

2026-02-27

US and European markets mostly fell on Friday with tech stocks suffering, while oil prices jumped as a standoff between Iran and the United States deepened. Wall Street's main indices fell at the start of trading, with tech stocks taking a hit. An announcement by financial services firm Block that it would slash its workforce by nearly half and rely heavily on AI to operate more efficiently sparked fresh concerns about the disruptive nature of th......

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