Why is iShares Semiconductor ETF plunging today?

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• The big winners of the tech wreck are biopharma stocks

  Biopharma stocks have emerged as the primary beneficiaries amid a broader downturn in the technology sector. Shares of major pharmaceutical companies, including Eli Lilly, Gilead, and Johnson & Johnson, continue to reach record highs.

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• France stocks lower at close of trade; CAC 40 down 0.01%

  Market participants in Paris saw equity trading conclude with virtually flat results by the final bell. The benchmark index registered a fractional decline of 0.01 percent as the trading session wrapped up. Investors navigated a muted session that left overall market valuations essentially unchanged from the previous close.

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• Belgium stocks higher at close of trade; BEL 20 up 0.01%

  Equity markets in the region wrapped up their trading session in positive territory following late-day activity. Investors tracked modest movements across domestic shares as trading concluded on the primary exchange. The outcome reflects steady market activity through the final hours of the session.

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