Middle East war reignition fuels inflation concerns, AI chip stocks decline, dragging down global stock markets.
According to the Intelligent Financial APP, due to the further escalation of the situation in the Middle East, international oil prices surged on Monday, while AI-related chip stocks continued to be sold, dragging down major stock markets in the United States and Asia. The market is concerned that geopolitical risks will push up energy costs, and may exacerbate inflationary pressures, further impacting the global economy and corporate profit prospects.
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