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Dow Jones Futures: The Nasdaq composite sold off Monday on Trump's Strait of Hormuz blockade. Micron, Sandisk, SK Hynix and SpaceX dived.
Renewed tensions in the Strait of Hormuz are rattling markets again.
Wall Street had a rough start to the week thanks to chip stocks. All three major indexes ended Monday's session in the red. The Nasdaq was 1.5% lower. The S&P 500 was down 0.8% while the Dow fell 138 points or 0.
Major digital assets were broadly weaker Monday, with Bitcoin (BTC-USD) down but holding above the $
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
The SOXL ETF is magnifying semiconductor stock losses again today.
Why are chip stocks collapsing while the Dow barely budges? Korean markets just had their worst day since the 2008 financial crisis, and the fallout is hitting semiconductors hard.
U.S. stocks are following the South Korean market’s lead, sinking into the red. The Dow was down 263 points, or 0.5% after teetering near the flatline. The fixed income market was also flashing warning signs.
SK Hynix's record ADR debut boosts tech optimism, but rising geopolitical risks put the spotlight on five low-leverage stocks built for resilience.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
By Sinéad Carew and Stefano Rebaudo July 13 (Reuters) - Stocks fell and oil prices rallied on Monday, while government bond yields rose, after U.S. and Iranian forces renewed exchanges of heavy
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging.The United States struck Iran for the second day Monday, prompting Tehran to retaliate against US allies in the Gulf, as the two sides battle over the status of the strategic waterway.
PBJ offers greater liquidity and lower drawdown, while FTXG appeals to income investors with its 2.60% dividend yield.
The company plans to seek a Nasdaq review while its shares transition to the OTCQB Venture Market following a delisting determination tied to the exchange’s minimum bid price requirement. Key Investor TakeawaysBNB Plus (NASDAQ:BNBX) received a Nasdaq delisting determination after failing to meet the exchange’s minimum $1.
While the Nasdaq bleeds and investors pile into healthcare and staples at record highs, one Wall Street strategist is shopping the wreckage in memory chips, and her valuation case is harder to dismiss than it looks.
July 13 (Reuters) - The S&P 500 and the Nasdaq opened lower on Monday, as a fresh escalation between the U.S. and Iran in the Gulf pushed oil prices higher and unsettled investors, while chip stocks
The Nasdaq was down 0.7%, while the S&P 500 dropped 0.2%. The Dow was up 0.1%, or 55 points. Memory chip maker SK Hynix plunged more than 15%, its largest intraday decline on record, according to Dow Jones Market Data.
Tech stocks fell on Monday amid an ongoing debate over artificial intelligence spending and profitability.
US stocks are set for a weaker start to the week after last week finished on a positive note, with technology shares expected to come under the most pressure as investors balanced renewed geopolitical tensions against a busy week for inflation data and the start of bank earnings...
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