#macroeconomics

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Crude spikes above $111 as tech stocks tumble

Brent crude oil just hit a five-month high, crossing $111 a barrel, while major tech names like Nvidia and Meta saw their stocks slide. The sell-off wasn't contained to the U.S. — Asian benchmark indexes dropped as much as 3.5%, coming just a week after South Korea's Kospi index plunged 7.57%.

Do you track oil prices alongside crypto when managing risk in your portfolio?

#oilprices…

Source: Decrypt