US equity markets traded lower on Friday, extending a week of selling pressure that has weighed heavily on major benchmarks.
The Dow Jones Industrial Average remained largely flat, while the technology-heavy Nasdaq Composite posted a significant decline.
SK Hynix emerged as a notable laggard, suffering sharp losses that underscored the vulnerability of semiconductor stocks amid the broader market retreat.
The downturn reflects a combination of geopolitical anxiety and sector-specific headwinds.
Renewed attacks linked to Iran tensions have dampened investor sentiment, prompting a risk-off posture across global equities.
This geopolitical backdrop has compounded existing concerns about valuation levels in the technology sector, where high-growth names have faced increased scrutiny.