The record
Written from the 1 report below. Nothing here is unsourced.
- US stock markets opened higher but the S&P 500 and Nasdaq reversed those gains to close lower.
- The declines were driven largely by chipmaker stocks, which fell for a third consecutive day.
- Earlier, equities had risen after oil prices dropped as the US paused strikes against Iran and a Kazakh export terminal resumed loadings, easing oil supply pressures.
What to watch next
- Whether chipmaker stocks continue their losing streak beyond three days
- Developments in the US-Iran situation and any resumption of strikes
- Kazakh export terminal operations and their effect on oil supply and prices
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Named United States · Iran · Kazakhstan · Nasdaq · S&P 500
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