Stocks Hit by Rout in Chipmakers, Oil Soars | The Close 3/5/2026
Bloomberg Television·2026-03-05 23:23
ROMAINE: FINANCIAL MARKETS TAKING THEIR CUES FROM THE ENERGY SECTOR AS THE U.S. WAR WITH IRAN CONTINUES TO ESCALATE. LIVE AT BLOOMBERG HEADQUARTERS IN NEW YORK, I'M ROMAINE BOSTICK. KATIE: I'M KATIE GREIFELD.HERE IN THE U.S., S&P 500, NOT QUITE AT SESSION LOWS. BUT PRETTY CLOSE. DOWN 1.2%.A LOT OF THE PAIN TRADE COMING THROUGH WHEN IT COMES TO THE CHIPMAKERS. THE CHIP STOCKS IN GENERAL, PHILADELPHIA SEMICONDUCTOR INDEX, DOWN 2.7%. BLOOMBERG BROKE THE NEWS EARLIER TODAY THAT THE U.S. IS CONSIDERING REQUIRING ...