Global Markets Mixed as Nvidia Earnings Muted, Oil Falls on Iran Talks
Nvidia shares dipped two per cent in New York after mixed quarterly results, as investors questioned whether AI's growth can sustain sky-high expectations. Oil prices fell to $64.21 per barrel as Iran and the US began indirect nuclear talks, potentially easing Middle East tensions. Global markets opened mixed: Dow rose slightly, S&P 500 flat, Nasdaq slipped. Asian markets rose except Hong Kong, with Seoul hitting record highs led by Samsung and SK Hynix. Nigerian relevance: Lower oil prices may ease inflation but could reduce government revenue, affecting naira stability. Investors should monitor AI sector valuations and geopolitical risks.
SOURCE: https://www.channelstv.com/2026/02/26/stocks-mixed-as-investors-digest-nvidia-earnings/