Stock Market Today: Nasdaq Sinks As Memory Chips Sell Off
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- Nasdaq sank as sellers hit memory chip stocks while oil prices and Treasury yields also slid, per Investor's Business Daily.
- S&P 500 turned red late into Friday's session on Iran angst and mounting chip stock losses, per CNBC, while AP reported stocks wavered broadly and crude oil fell for the first time in a week.
Why it matters: Memory chip stocks led the Nasdaq lower while oil posted its first weekly decline, suggesting traders took some near-term risk-off signals but found relief on energy — though a separate OilPrice.com headline flags WTI 'exploding higher' on Middle East shipping risks, exposing a sharp split in how the oil tape is being read across outlets.
