
Chip Stocks Drag Down U.S. Equities; BTC Breaks Below $64K and Enters Correction Phase
🔍 Key Insights
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📊 Market Analysis
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Declines in chip stocks weighed on the technology sector, offsetting the market boost from falling oil prices. On the news front, Trump paused plans for air strikes against Iran, signaling potential room for negotiations and driving a sharp decline in international oil prices. However, semiconductor stocks weakened amid concerns over technological competition and Nvidia’s financing risks, becoming the main drag on U.S. equities. U.S. Treasury yields broadly declined, while the yield curve continued to flatten, reflecting a cautious risk appetite. In the crypto market, BTC repeatedly failed to break…







