EconomySaudi Attacks Push Oil Higher as Stocks Slide on Tech Earnings

Stocks fell as investors broadly pulled back from riskier assets after technology earnings missed elevated expectations and escalating hostilities in the Middle East lifted oil prices. Deadly attacks in Saudi Arabia deepened concerns that regional tensions could disrupt supply, despite faster exports through the Strait of Hormuz. Meta CEO Mark Zuckerberg said the company’s costly AI investment is paying off.