Macro Finance
S&P 500 Falls as Chip Rout Offsets US-Iran Hopes: Markets Wrap
Bloomberg Markets·November 1, 2026·1 min read
U.S. stocks fell on Monday as a selloff in chipmakers weighed on the market, offsetting gains from a drop in oil prices driven by hopes for diplomatic efforts to end the war in Iran. The S&P 500 declined, with technology shares leading losses, while energy stocks slipped as crude prices retreated.
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