Why Tech Crashed Into the Close as Iran Blockade Spikes Oil

The Monday session closed Red. Here is why: geopolitical shockwaves from a reinstated U.S. naval blockade on Iran sent crude oil spiking, reigniting inflation fears and crushing high-beta tech. 🚀 Sector Winners: Energy (XLE) surged +3.01% on the crude supply shock, while Utilities gained +0.68%. 📉 Sector Losers: Technology fell hard as SK Hynix plunged 9.3%, triggering a broad-based semiconductor rout. 🔔 The Look Ahead: Keep your eyes on tomorrow's June CPI inflation print at 8:30 AM ET and the kickoff of Q2 bank earnings. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.