investingLive Americas market news wrap: Stock markets struggle on Kimi, higher oil and NFLX

US markets finished the week under pressure as multiple headwinds hit risk sentiment: concerns around Moonshot’s Kimi K3 model sparked renewed AI/chip valuation worries, Netflix dropped sharply after earnings, and rising oil prices added inflation and geopolitical anxiety. The Nasdaq fell 1.3% on the day and 2.9% for the week, while the S&P 500 lost 0.9% on Friday and 1.55% over the week. Micron and Nvidia were notable chip losers, though some semis recovered intraday. Gold rallied to around $4,011 as investors sought safety and central-bank buying supported prices. WTI crude jumped $2.94 to $81.89 and hit a one-month high amid escalating Middle East tensions and a stronger energy backdrop. Treasury yields eased slightly, while the Canadian dollar led FX performance after tariff rhetoric on Canada was seen as less credible.