US Stocks Dip on Credit Worries, Geopolitical Jitters, and Rising Oil Prices
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US Stocks Fall on Credit, War Jitters; Oil Surges Amid Geopolitical Tensions
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CNBC TV18•28-02-2026, 08:29
US Stocks Fall on Credit, War Jitters; Oil Surges Amid Geopolitical Tensions
•US stocks declined due to geopolitical worries and private credit concerns, a key funding source for tech companies.
•S&P 500 experienced its biggest monthly loss since March, with anxiety over an AI bubble resurfacing after OpenAI raised $110 billion.
•Banks sank as investors remained uneasy following the collapse of a UK mortgage firm; UBS strategists warn of 15% private-credit default rates if AI causes aggressive disruption.
•Middle East risks and a hotter-than-estimated producer prices reading also weighed on sentiment, with Iran's unexplained activity at uranium-enrichment sites noted by UN inspectors.
•Despite turmoil, S&P 500 was less than 1% lower for the month, suggesting a pause rather than a turning point, with resilience noted amidst various market concerns.
