Global stock markets were mixed on Friday as Asian markets experienced a decline, driven in part by a sell-off in artificial intelligence-related shares. Meanwhile, U.S. stock futures showed slight gains following recent market volatility.
The shift in market sentiment follows a surge in energy costs, with Brent crude reaching its highest price since May. This increase is attributed to intensified fighting in the Middle East, which has raised concerns regarding the stability of the global oil and gas supply. Amid these broader economic pressures, reports indicate that oil has reached $100 a barrel, while the European Central Bank is considering potential interest rate hikes.
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