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Wall Street Slides as Oil Surge Hits Tech Stocks Hard

US markets extended losses as  rising oil prices and a sharp sell-off in tech stocks weighed on sentiment , overshadowing dovish signals from the Federal Reserve. Key Market Moves S&P 500 fell 0.4% to 6,343.72 Nasdaq dropped 0.7% to 20,794.64 Dow Jones rose 0.1% to 45,216.14 Key takeaway: Tech weakness and oil-driven inflation fears are dragging the broader market lower. What’s Driving the Sell-Off? 1. Oil Prices Surge Again Crude oil jumped  over 5% to around US$105 Driven by ongoing  US–Iran–Israel conflict Higher oil = higher inflation risk = pressure on equities 2. Tech Stocks Lead the Decline Heavy losses in AI, chip, and data-related names: Applied Digital : -13.5% AXT Inc : -13% Micron Technology : -9.9% Arm Holdings : -5% Intel : -4.5% Super Micro Computer : -4.1% AI and semiconductor stocks are facing profit-taking and valuation concerns 3. Fed Comments Not Enough to Lift Sentiment Jerome Powell  signaled no immediate rate hikes despite rising energy pri...
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Thought of the Day #3


We all know the importance of money, which is why we work, we save money...we put those money into investment, savings, insurance etc.....

Because of that, most of us have been thinking ways to make more money...but at times, without realizing it, some of us become what money wants us to. 

I think it's time to set the right perspective...MAKE MONEY. DON'T LET MONEY MAKE YOU!!
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