Overview
- U.S. stocks fell Thursday from fresh records after oil prices rebounded and Treasury yields edged higher.
- The Dow lost about 313 points as the S&P 500 slipped 0.38% and the Nasdaq eased 0.13%, reversing part of the week’s gains.
- Semiconductor shares weighed on tech, with Arm down roughly 10% and the Philadelphia Semiconductor Index off 2.72%.
- Crude turned higher, with Brent back above $100 and WTI near $96 after Iranian media reported missile strikes in the Strait of Hormuz, a key oil shipping lane.
- President Trump said talks with Iran continue and a ceasefire remains in force, so investors are watching oil headlines and the U.S. payrolls report for the next cue.