Inflation was top of mind for investors this week
West Texas Intermediate crude futures tumbled more than 17% to $93.42 a barrel
The Dow Jones Industrial Average traded down 125 points, or 0.3%
President Donald Trump had told aides he was willing to end military hostilities
International benchmark Brent crude futures rose 3% to above $112 per barrel
The S&P 500 fell 1.5%
The Nasdaq Composite gained 0.7%
President Donald Trump said in a Truth Social post that there won’t be a deal to end the U.S.-Iran war without an “unconditional surrender
The broad market index fell 0.8%
Investors remained on edge as crude prices extended gains
Nvidia and Broadcom were two of the key winners Friday
Shares of Broadcom jumped 2%
The S&P 500 gained 0.3%
Treasury yields spiked and the U.S. dollar declined
Chip plays led the market after Taiwan Semiconductor delivered another record quarter
Bank stocks were the hardest hit Monday
The 30-stock Dow climbed 337 points, or 0.7%
Tech kind of took a pause at the back end of the year
The 30-stock index gained 310 points, or 0.7%
The major U.S. indexes began the week in the red
A pullback in tech stocks have weighed on the major averages this month
The Nasdaq Composite lost 0.8%
Investors continued to sell shares of technology companies
The S&P 500 traded up 0.2%
Shares of Texas Instruments were under pressure Wednesday
The CBOE Volatility Index spiked Friday afternoon
The all-items index showed an annual rate of 2.7%
Nvidia shares were down more than 2%
The unemployment rate also rose to 4.3%
Rising yields worried investors