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Tech Stocks Continue Slide; Oracle Falls After Earnings | Closing Bell

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June 10, 2026

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Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Wall Street was rattled by a renewed selloff in some of the world’s largest technology companies, with stocks also falling as a flare-up in geopolitical tensions lifted oil prices.

Those worries drove the S&P 500 to a five-week low, with the benchmark dropping 1.6%. A closely watched gauge of chipmakers fell 3.6%. US crude settled around $90 as President Donald Trump vowed to strike Iran again and scolded the country for delaying talks on an interim peace deal, following overnight attacks that put further strain on a fragile truce.

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