Chip Stocks Crash as Oil Hits $109 and Treasury Yields Top 5.1%

On today's episode of Market Brief – After Hours, Intel, Nvidia, AMD, and Micron all crashed as oil surged past $109 on Trump's Iran warning and the 30-year Treasury yield broke above 5.1% for the first time since May 2025, sending the Dow down 537 points and the Nasdaq lower by 1.54%. EUR/USD broke below its 50-day moving average to 1.1622, GBP/USD slid to 1.3317 as sterling lost its footing, and AUD/USD dropped over 1% despite holding above its major moving averages. South Korea's Kospi plunged over 6% from a record high above 8,000, Silver collapsed nearly 9% to $75.79, and crypto stocks including Coinbase and Galaxy Digital dropped more than 7% as Bitcoin hit a multi-week low. Figma was the session's bright spot, surging 13% on upgraded full-year revenue guidance. Hosted on Acast. See acast.com/privacy for more information.