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Chip Stocks Slide as Nasdaq Hits Weekly Low; Oil Surges on Iran Conflict

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The Story

News Summary

  • Mixed markets as chipmakers/AI stocks slide on Kospi weakness, dragging Nasdaq lower while Dow rises on UNH/MRK gains.
  • Oil jumps on US-Iran conflict escalation; gold, silver, and crypto fall sharply amid hawkish Fed data.
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