Wall Street opens mixed as chip stocks extend declines after Wednesday selloff
AI Market Summary
U.S. equity futures are mixed as chip stocks extend a sharp post-selloff decline, with renewed weakness also evident in major Asian semiconductor names and a steep Kospi drop. The risk-off tone is partly offset by oil retracing toward pre-conflict levels, easing energy-driven inflation anxiety. Near-term focus remains on semiconductor positioning and broader equity index sensitivity to tech leadership.
Impact level
● Medium
Affected assets
NCSKNVDA2USD/USDT-0.13%
AI Insight · NCSKNVDA2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
U.S. stocks were mixed in early trading as semiconductor shares extended their slide, with Micron Technology down another 2.3% overnight. In Asia, South Korea’s Kospi fell 7.9% in a single session, led by losses in SK Hynix and Samsung Electronics. Oil prices retreated to levels seen before the Iran war began. S&P 500 futures were flat, Dow futures rose 0.2%, and Nasdaq futures fell 0.4%.
