Chipmakers weigh on stocks, oil edges higher
4 sources·Updated July 17, 2026
Market trends
Covered by 4 sources
- Bloomberg Markets·Jul 16Stocks Drop as Chip Selloff Deepens, Oil Climbs: Markets Wrap
Asian stocks fell alongside US equity-index futures as a selloff in chipmakers deepened with investors questioning whether they had rallied too far and too fast earlier this year. Oil climbed.
Read at Bloomberg Markets → - The West Business·Jul 16Chipmakers weigh on stocks, oil edges higher
European shares have struggled after plunges in tech-heavy Asian markets, while crude prices have risen again after more US strikes on Iran.
Read at The West Business →