Oil drops as Trump calms Iran fears; tech stocks slide in Asia
Donald Trump
TOKYO, Jan 15 : Oil prices retreated from multi-month highs on Thursday and gold eased from a record peak after U.S. President Donald Trump calmed market anxiety over potential U.S. military action against Iran. A selloff in tech stocks extended into Asian trading, following declines on Wall Street, as investors rotated out of high-flying chip and artificial intelligence-related names while searching for bargains in other parts of the market. Currencies paused for breath after the yen dropped
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