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Futures plunge as tech stocks fall, oil prices surge amid Middle East tensions

Bloomberg +1 ·

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  1. 1Tech stocks led the decline early Thursday as the iShares Semiconductor ETF (SOXX) fell approximately 4%.
  2. 2The Roundhill Magnificent Seven ETF (MAGS) fell approximately 2% in premarket trading.
  3. 3Oil prices surged as the United States and Israel planned to resume attacks against Iran.

So what's the key point?

The market became unstable as tech stocks and semiconductor-related products fell. Rising oil prices due to tensions in the Middle East are affecting investors.

Source Bloomberg +1 · View original ↗

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