Oil surges, chip stocks climb on AI hopes amid central bank floodgates
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Oil surges, chip stocks climb on AI hopes amid central bank floodgates
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Market news for April 27, 2026: Oil climbed on stalled US-Iran talks, boosting inflation fears and crude to three-week highs. Chip stocks rallied amid central bank floodgates and critical tech earnings.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written by: Howie Lim (howielim@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
Produced with AI text-to-speech capabilities
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