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It's not just AI nerves shaking things up. Rising oil prices have pushed US Treasury yields higher, making investors less hopeful about interest rate cuts from the Federal Reserve anytime soon.
On top of that, order to halt some shipments by chip equipment companies to a specific Chinese chipmaker and tensions between the US and Iran are adding to global market jitters.
All in all, it's a wait-and-watch moment for anyone keeping an eye on their portfolio.