Economic TimesLean R·
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop
Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he would reinstate a blockade on Iranian ports, marking the latest escalation in U.S.-Iran hostilities. The move sent oil prices sharply higher and dampened overall risk appetite.Investors are now bracing for a packed week of earnings, economic data and congressional testimony from U.S. Federal Reserve Chair Kevin Warsh. Among the three major indexes, the tech-heavy Nasdaq led losses, followed by the S&am…
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