Anonymousabout 3 hours ago
The U.S.-Iran conflict that began in late February 2026 triggered the sharpest tech stock valuation compression since the dot-com bust, with the S&P 500 Information Technology sector's forward P/E ratio falling from 38x to roughly 24x in under two months. The selloff, driven by oil prices surging above $100 per barrel, rising Treasury yields, and semiconductor supply chain disruptions from the Strait of Hormuz closure, erased more than $850 billion from the Magnificent Seven stocks in a single week — though a fragile ceasefire announced April 8 sparked a partial recovery rally.