Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

Rolling coverage of the latest economic and financial newsThe markets are being hit by a collision of technology, macroeconomic and geopolitical factors, says Kathleen Brooks, research director at XTB:As we start a new week, the market is digesting a large upside surprise in US payrolls, tech stock jitters, a huge week for macroeconomic data and an increasingly fragile ceasefire in the US, after Iran and Israel both attacked each other, which could end the truce which has been in place since Apr...