The Nasdaq Composite fell for the fourth consecutive session on Thursday, weighed down by selling pressure in the technology sector.
Apple shares declined following recent price increases, while Micron Technology rose on the back of strong earnings driven by artificial intelligence demand.
The broader market showed mixed signals as investors digested new price data that has intensified concerns about persistent inflationary pressures.
Oil prices rose in the session, reflecting ongoing risk premiums associated with shipping disruptions in the Strait of Hormuz.
The energy market move provided a counterweight to the equity sell-off, with Brent crude gaining ground as traders priced in continued supply-side uncertainty.
This divergence highlights the shifting risk appetite among investors, who are rotating away from growth stocks toward commodities perceived as hedges against geopolitical instability.