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Benzinga
Benzinga
Business
Piero Cingari

Brent Tops $100, Alphabet, Tesla Sink Nasdaq 100: Stock Market Today

New,York,,Usa,-,13,April,2025:,The,Magnificent,7

U.S. stocks extended their slide on Thursday as Brent crude vaulted above $100 a barrel and the 10-year Treasury yield climbed to an 18-month high, while concerns over Alphabet Inc.’s (NASDAQ:GOOGL) rising AI capital expenditures overshadowed an otherwise strong quarterly report and added to investor unease following Tesla Inc.’s (NASDAQ:TSLA) results.

President Donald Trump warned that “major military punishment will be inflicted upon Iran” if its Houthi proxies again fire on tankers, after two Saudi Arabian vessels were hit overnight.

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