The tech sector’s fragility was underscored by Micron, which saw its shares surge 16% following a strong earnings report. This stark contrast to Apple’s decline highlights a volatile environment where individual pricing strategies dictate market winners and losers. Investors are increasingly wary of how these shifts reflect wider economic instability, particularly as demand for chips continues to fluctuate.
Energy markets are not immune to these pressures. Brent crude futures dipped 0.5% after a vessel was targeted near the Strait of Hormuz. Although military intervention secured tanker routes and calmed immediate supply fears, the incident remains a reminder of the geopolitical risks weighing on global trade. Meanwhile, the yen’s proximity to record lows against the dollar continues to expose the limits of Japan’s monetary policy in an era of unpredictable international fiscal shifts.




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