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The Nexus
BUSINESSAug 18 · 11:30 UTCQUARTZCris Tolomia

Stocks pressured as US-Iran ceasefire collapses, oil climbs

Following the collapse of a US-Iran ceasefire, stocks were pressured as oil climbed and the 30-year Treasury yield hit its highest level since 2007. Chip stocks specifically dragged Nasdaq futures lower.

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United StatesplaceIranplace30-year Treasury yieldtopicOiltopicchip stockstopicNasdaq futuresorganization
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