Stocks Drift As Chips Extend Gains, Oil Slides On Positive US-Iran Talks
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Source: Zero Hedge
Published: 2026-06-22 22:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Property, Middle East, Asia, Europe, Military & Defence, Iran, Technology & AI, Energy, Economy & Finance, China, Financial Markets, Commodities, US Politics, Business & Economy, Asia Pacific
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Snippet:
Futures are modestly lower coming off the US holiday weekend, after equities finished higher last week with both Dow and Russell clocking new ATHs and SPX finishing in the green for the 11th time in the last 12 weeks. As of 8:00am ET, S&P 500 futures edged down 0.1% while Nasdaq 100 contracts are higher by 0.1% with chips outperforming as usual while hyperscalers, aka "check payers" down as all Mag 7 are lower with TSLA (-1.4%) and GOOGL (-1.6%;
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