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Tech stocks dragged Nasdaq lower while de-escalation signs eased oil supply concerns.

1 report, 1 independent Updated Jun 1

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Nasdaq Middle East

How it developed

Newest first. Tap a step to see who reported it.

Jun 25Delta Electronics' earnings face headwinds due to regional conflict, despite serving as a major manufacturing base in Bangkok.Sub-event
Jun 25Big Tech losses, driven by AI risk exposure, caused a decline in the Nasdaq index.Sub-event
Jun 1Market reaction to Middle East de-escalation easing oil supply fears.1 source
- moneycontrol.com

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The entities involved

Nasdaq
American fully electronic stock exchange
- Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
- Vanguard Short-Term Inflation-Protected Securities ETF is disclosing its holdings to the SEC and trading on the Nasdaq electronic stock exchange.Mon 16:28
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
- Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

Coverage

Newest first; wire copies grouped

Jun 1moneycontrol.com