Big tech stocks sank in overnight trading after tensions flared up between the U.S. and Iran even as the two sides met in Switzerland to hammer out a permanent peace deal.
SMCI, AMD down around 2%; Oracle, Alphabet, Tesla down over 1%.
Chip stocks slid in overnight trading. SOXL down 4%; Wolfspeed, Cerebras Systems, Credo, ARM, AMD, Broadcom down around 2%; ASML, Nvidia down over 1%.
SpaceX dropped another 3.37% in overnight trading after a 3.6% decline in prior trading session.
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