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US indexes fell as growth/tech stocks declined ahead of CPI data, while oil surged on Strait of Hormuz tensions and Red Sea attacks. Fed's Hammack signaled inflation risks, raising rate hike concerns…
Intraday snapshot: MSFT +0.61%, GOOGL -1.14%, NVDA +2.05%, CRWV +1.81% — modest sector rotation and semiconductor momentum driving moves.
Market snapshot: Alphabet (GOOGL) down 1.14% and Meta (META) down 0.05% in the session, indicating minimal stock-specific news.
Intraday movers: ASML +0.10%, Alphabet (GOOG) -0.92%, Microsoft -0.67%, Nvidia +3.93%, indicating a short-term sector rotation into chips.
Alphabet (GOOGL) -0.72%, Apple (AAPL) -1.04% and Nvidia (NVDA) -1.95% slid modestly in a broad tech pullback; CRM fell 1.32%.