Oil prices climbed to their highest level in five months as heightened tensions in the Middle East drove demand concerns. Brent crude rose above $85 a barrel, marking the strongest close in nearly 150 days. Meanwhile, the tech selloff appears to be easing, offering relief after a volatile week.
Market participants are watching both developments closely, balancing energy exposure against tech sector bets as the week ends on a note of cautious optimism. Analysts note that rising oil prices and a more balanced tech outlook could reshape portfolio strategies.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing