Futures plunge as tech stocks fall, oil prices surge amid Middle East tensions
DRAM Roundhill Memory ETF
$49.16 +3.02%
View chart & analysis → - 1Tech stocks led the decline early Thursday as the iShares Semiconductor ETF (SOXX) fell approximately 4%.
- 2The Roundhill Magnificent Seven ETF (MAGS) fell approximately 2% in premarket trading.
- 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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