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Finance / Energy Energy

Tech Stocks Slide as Oil Climbs on Hormuz Standoff

Source: bloombergMarkets July 13, 2026 · 07:46
Tech Stocks Slide as Oil Climbs on Hormuz Standoff
Photo by Monstera Production · Pexels
From the publisher
A selloff in tech giants sent stocks lower, with the market also falling as oil jumped after clashes over the Strait of Hormuz raised concerns about a disruption in energy supplies that could fuel inflation. Stuart Kaiser, Head: US Equity Trading Strategy at Citi gives his outlook on the markets and looks ahead to June CPI out Tuesday. (Source: Bloomberg)
About the source

Bloomberg Markets

Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.

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