Stocks Decline Amid Weakness in Chipmakers and Rising US-Iran Tensions
Global stock markets fell on July 13, 2026, driven by a sharp decline in South Korean chipmaker stocks like SK Hynix (SKHY) and Samsung Electronics amid concerns over an overextended AI boom. The Nasdaq Composite dropped significantly due to tech sector weakness, while renewed US-Iran hostilities pushed crude oil prices up more than +3%.
Topics: chipmakers oil_prices stock_market US-Iran_relations