US equities declined as technology shares led losses and investors assessed
prospects for a truth in the Iran conflict. The S&P 500 fell 1.74%, the Nasdaq
Composite dropped 2.38%, and the Dow Jones Industrial Average lost 1.01%. Big
Tech and semiconductor stocks weakened, with pressure tied to regulations
developments and AI-driven demand concerns. Oil prices remained elevated, with
Brent above $100, adding to inflation and recession worries. Markets were driven
by continued US-Iran conflict uncertainty, while jobless claims data met
expectations.