Traders sold off after oil hit $111 per barrel this morning, an AI IPO in South Korea lost 30% on its debut, and the yield on the French 10-year bond hit 4. 94%, a level it has not seen since 2002.

Source: [Fortune](https://fortune.com/2026/10/20/stocks-sell-off-globally-crisis-grips-france-saudi-arabia-cancels-davos-in-the-desert/)

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