Tech sold amid renewed AI fears as Trump touts Iran response - Newsquawk US Market Wrap

Trump said US must respond to Iranian attack on US helicopter; Draft agreement has reportedly been sent to the US side for review, with confirmation that the draft is preliminary accepted to the US admin; US and Iran reportedly zero in on four nuclear issues in talks; Taiwan said to be mulling curbs on AI chip exports to China to align with US; US trade deficit shrinks slightly less than expected in April; US existing home sales rose more than anticipated; US 3yr note auction shows some improvement; Data centre developer Crusoe has paused development on a 1.8GW AI project in Wyoming.

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