Concerns over the Iran war intensified again, pushing New York oil futures above USD80 per barrel at one point, and leading to a sell-off in US stocks on Thursday.

The DJIA tumbled incessantly, down as much as 1,162 points or 2.4% at its lowest, and eventually closed down 784 points or 1.6%, at 47,954. The Nasdaq's downswing was relatively mild, ending down 58 points or 0.3%, at 22,748. The S&P 500 finished down 38 points or 0.6%, at 6,830.

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Traditional stocks were subdued, with Boeing (BA.US)      down 2.3% and Caterpillar (CAT.US)      3.5%. Banks JP Morgan (JPM.US)      and Morgan Stanley (MS.US)      sagged 2-3%.

The US plans to tighten AI chip export controls, requiring companies like Nvidia (NVDA.US)      to obtain government approval before shipping globally. Nvidia closed up 0.2% after fluctuations, while Micron (MU.US)      and AMD (AMD.US)      lost about 1%.

Techs traded mixed, with Apple (AAPL.US)      and Meta (META.US)      down about 1%, and Microsoft (MSFT.US)      up 1.4% against the market trend, and Amazon (AMZN.US)      also up 1%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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