The S&P 500 finished little changed as a renewed semiconductor selloff offset relief from sharply lower oil prices. The Philadelphia Semicon
The S&P 500 finished little changed as a renewed semiconductor selloff offset relief from sharply lower oil prices. The Philadelphia Semiconductor Index fell 2.2% as the cost of protecting against Nvidia’s debt increased and ASML shares tumbled following reports involving Chinese chipmaking equipment, reviving concerns over the outlook for the broader AI and semiconductor trade. Energy markets moved sharply lower as Brent crude settled near $88 per barrel and WTI plunged 8.2% to $81.96, after the United States refrained from attacking Iran for a third consecutive day. President Trump said Washington and Tehran were engaged in diplomatic talks but warned that fighting could resume without an agreement, leaving investors cautiously optimistic about de-escalation while geopolitical risks remained elevated.
The S&P 500 finished little changed as a renewed semiconductor selloff offset relief from sharply lower oil prices.
The Philadelphia Semiconductor Index fell 2.2% as the cost of protecting against Nvidia’s debt increased and ASML shares tumbled following reports involving Chinese chipmaking equipment, reviving concerns over the outlook for the broader AI and semiconductor trade.
Energy markets moved sharply lower as Brent crude settled near $88 per barrel and WTI plunged 8.2% to $81.96, after the United States refrained from attacking Iran for a third consecutive day.
President Trump said Washington and Tehran were engaged in diplomatic talks but warned that fighting could resume without an agreement, leaving investors cautiously optimistic about de-escalation while geopolitical risks remained elevated.