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Semiconductors drop 12.5 percent and NASDAQ nearly 7 percent in market downturn, Chris Martenson notes

Semiconductors drop 12.5 percent and NASDAQ nearly 7 percent in market downturn, Chris Martenson notes
Tech stocks drop, war rally erased

Tech stocks, particularly semiconductors, experienced significant declines yesterday, with semiconductors falling 12.5 percent and NASDAQ nearly 7 percent.

Chris Martenson reported that the market drop erased roughly half of the so-called "war rally." He also observed that bonds showed little response, as the 10-year yield moved only about 5 basis points.

Martenson has recently tracked price action in key commodities alongside market volatility. He reported that the December 2027 future oil contract reached a record high and continued to climb here. Martenson also noted that tanker attacks and Hormuz disruptions pushed oil to $200 equivalent at the pump here.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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