Sharemarket gains limited as world's biggest oil crisis still plays out

Semiconductor stocks dove significantly overnight, spooked by an outlook from Broadcom, forcing the Nasdaq-100 index down by nearly 2%. It reveals investors' lack of confidence in the huge rally in AI stocks amid a still messy geopolitical scene. Even if a US-Iran deal is signed this Friday the after shocks of the oil supply crisis will continue to impact investors for months. Watchlist: The Mosaic, Intel, IperionX Check out these stocks: www.moomoo.com/quote