U.S. technology shares fell sharply on Thursday, June 11, 2026, as renewed tensions between the United States and Iran rattled financial markets. The S&P 500 declined 1.6 percent to a five-week low, while a key semiconductor index dropped 3.6 percent. The sell-off followed President Donald Trump’s vow to pursue additional military strikes against Iran after overnight attacks undermined a fragile truce and stalled indirect peace talks. U.S. crude oil prices climbed to about $90 per barrel, heightening worries about inflation and potential Federal Reserve interest rate hikes. Large-cap tech and chipmakers, central to the recent AI-driven rally, led the declines.
Prepared by Christopher Adams and reviewed by editorial team.
Your investments could be affected. Tech stocks are a big part of many retirement plans. Also, rising oil prices can increase costs for goods and services. Keep an eye on your portfolio and budget.
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