Dow drops 900 points as chip stocks slide, Trump threatens Iran strikes

The Dow Jones Industrial Average tumbled more than 900 points on Wednesday, marking one of its worst sessions of the year, as a selloff in semiconductor stocks deepened and geopolitical risks flared after President Donald Trump threatened additional strikes on Iran.

The selloff was led by a broad decline in chip stocks, with the Philadelphia Semiconductor Index falling sharply. Investors grew increasingly concerned about the outlook for the sector amid weakening demand and ongoing trade uncertainties. At the same time, Trump's warning of further military action against Iran rattled markets, pushing oil prices higher and fueling a flight to safe-haven assets. The combination of tech weakness and geopolitical tension created a risk-off environment that weighed heavily on equities. Traders tracking these moves can monitor real-time price action on NowPrice's live stocks dashboard.

Looking ahead, market participants will focus on upcoming economic data, including weekly jobless claims and the consumer price index, for clues on the Federal Reserve's policy path. Any escalation in the Middle East or further weakness in the tech sector could extend the selloff. Investors are also watching for corporate earnings reports that may provide insight into the health of the semiconductor industry.