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Breaking Posted 5 hours ago

US Stock Selloff: Tech and Oil Prices Spook Traders

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Wall Street fell sharply Friday with AI-related stocks CoreWeave and Broadcom under pressure amid a jump in oil prices heading into the weekend. Oil's rise affects CAD through crude exposure; tech weakness is a risk-sentiment driver for USD. Traders watch whether energy-cost inflation forces BoC repricing after Canada's retail strength and hot US inflation this week.
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