Stocks see fresh volatility on chipmaker pressure and oil
Stocks fell into a fresh volatility wave amid pressure on chipmakers and higher oil prices, according to a market recap. [11:32 ET]
Stocks turned more volatile as chipmakers came under pressure after leaders of AI giants proposed slowing the technology’s development, while elevated oil prices also weighed on sentiment. [11:32 ET] Trump said on Iran he will determine whether or not the US will choose to engage, a concept of which he said the US is open to, on Truth Social. [Stock indexes strengthened, oil weakened] [11:05 ET] Trump said Ukraine has agreed not to hit Russian energy targets and that Russia has agreed to do likewise, on Truth Social. [DXY and oil weakened, stock indexes strengthened]