Finance

The tech sector experienced a major resurgence led by semiconductor manufacturers and prominent artificial intelligence entities. Meta Platforms saw a remarkable 11.4% single-day advance to secure a record close, while Intel and Advanced Micro Devices posted respective double-digit gains amid heightened diplomatic and economic focus on AI safety infrastructure.

International and domestic crude futures fell sharply for a fourth consecutive session as geopolitical and distribution anxieties in the Middle East showed signs of moderation. West Texas Intermediate dropped 4.5% to hit $95.78 a barrel, while global benchmark Brent crude slipped 3.4% to close near the $100 threshold.

U.S. government debt yields ticked downward as the pullback in oil prices helped alleviate immediate fears of worsening wholesale inflation. The benchmark 10-year Treasury note yield shed more than four basis points to sit at roughly 4.95% ahead of planned public presentations by multiple Federal Reserve officials.