US equities declined as technology shares led losses and investors assessed prospects for a truce 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 regulatory 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 unce

US equities declined as technology shares led losses and investors assessed prospects for a truce 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 regulatory 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.