Wall Street Stocks Slide as Oil Spike and AI Spending Concerns Weigh on Markets

STRATO Odds says the S&P 500 and Nasdaq closed lower Friday as Brent crude rose 3.1% to above $116 a barrel. It also points to concerns about financing AI infrastructure ahead of earnings from Microsoft, Alphabet and Amazon. Separately, a market-news roundup cites Economic Times reporting that India’s mid- and small-cap indices posted their worst weekly declines in two years.