Stocks Slide as Tech Sells Off; Banks Earnings Disappoint; Oil Spikes on Middle East Tensions
- Dow Jones Industrial Average and major indexes down 1-2% amid selling in tech stocks like Nvidia and Intel
- JPMorgan, Wells Fargo, Citigroup earnings in focus; JPMorgan flashes sell signal
- Oil prices spike above $87/barrel on Middle East tensions
- China reportedly told telecom giants to phase out foreign chips
- Gold rises back above $2,400 an ounce before pulling back