Stocks Sink on Chip Rout as Oil Heads for Weekly Gain on Hormuz
📉 MARKETS — Oil gains while equities bleed: Hormuz is repricing everything. 📌 LOOK CLOSER: Weekly oil gains confirm the market reads Hormuz as structurally impaired, not temporarily disrupted. The chip rout adds a second vector: tech supply chains run through Asian ports already rerouting around Gulf exposure. Both moves price in a longer conflict than Thursday's Trump address can reset. Institutional hedging is now outrunning diplomatic signals.
