Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness, while energy shares supported the Dow. Investors now await Fed Chair Warsh testimony, inflation data and big bank earnings for directional cues.
Global Market Today: Asian shares trade mixed; Brent climbs past $85
Oil prices climbed amid escalating US-Iran tensions and concerns over supply disruptions. Treasury yields rose as traders considered potential interest rate hikes by the Federal