Audio Briefs

Hot inflation drove a tech selloff, leaving the Nasdaq down 1.88% while the Dow was nearly flat.

The Nasdaq fell 1.32% and semiconductors fell 2.91% after September inflation came in hotter than expected.

U.S. futures split before inflation data as oil rose above $95 after two ships were struck in the Strait of Hormuz.

Energy led Tuesday’s market, but all four major United States indexes finished lower as health care and banks weakened and memory-chip pressure continued.

Chip selling pulled all four major United States indexes lower by late morning, even as energy and communication services held gains.

Chip selling deepened across Asia, leaving Nasdaq futures under pressure while Dow futures moved higher before the United States open.

Oil held above $106 a barrel while semiconductor weakness pulled the Nasdaq lower and the Dow finished higher.

Oil held above $106 while technology and semiconductors lagged, splitting the major averages late Monday afternoon.

Crude oil rose while stock-index futures split before Monday’s opening bell, keeping inflation risk in focus ahead of this week’s data.

Technology futures bounced and crude oil eased, but the 10-year Treasury yield stayed near 5.3% before Friday’s opening bell.