Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash
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Source: Zero Hedge
Published: 2026-07-13 22:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Science, Middle East, Asia, Military & Defence, South Korea, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Tax & Budget, Commodities, Space, Business & Economy, War & Conflict, Asia Pacific, Technology
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Snippet:
US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed pressure.
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