Global stock markets moved lower as a sharp selloff in semiconductor shares continued to pressure major indexes. Heavyweight chip makers led the decline for a third straight session, adding to weakness across broader equity markets.

The retreat in technology-related stocks weighed on sentiment in both the United States and overseas, with investors pulling back from some of the market’s most influential names. The downturn in semiconductors helped drive a wider risk-off mood across global trading.

At the same time, oil prices pushed higher as escalating tensions in the Middle East raised concerns about possible supply risks. The rise in crude added another layer of uncertainty for investors already dealing with volatility in equities.

Taken together, the drop in global shares and the advance in oil highlighted a market focused on both sector-specific pressure in chips and broader geopolitical risks. The combination left investors balancing concerns about growth, inflation and market stability.