The Dow Jones Industrial Average rose slightly by midday Tuesday. Chipmakers led a broader Wall Street selloff. Investors grew concerned over artificial intelligence spending and recent restrictions on China's semiconductor sector. The Nasdaq Composite fell roughly 2 percent. Micron Technology was among the hardest hit stocks. Fresh consumer price index data fuelled fears that the U.S. is set to raise interest rates soon. large technology companies drove that market lower. The mix of economic reports and trade tensions created volatility across trading floors. Wall Street remained divided as some indices posted gains as others dropped sharply. Market activity stayed heavy into the afternoon session.
Latest News About Dow edges higher as chip stocks slide on rate worries update
Sources & References
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Sharp drops in Big Tech companies pull stocks lower on Wall Street - BNN Bloomberg
Sharp drops in Big Tech companies pull stocks lower on Wall Street BNN Bloomberg
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Wall Street Tuesday: Dow Green, Nasdaq Bleeding, SpaceX Wild - The Globe and Mail
Wall Street Tuesday: Dow Green, Nasdaq Bleeding, SpaceX Wild The Globe and Mail
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Dow Jones Top Energy Headlines at 4 PM ET: U.S. Bets Billions of Dollars in Low-Cost Loans Can Revive Nuclear Power | Brent ... - 富途牛牛
Dow Jones Top Energy Headlines at 4 PM ET: U.S. Bets Billions of Dollars in Low-Cost Loans Can Revive Nuclear Power | Brent ... 富途牛牛
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Dow Jones Industrial Average green by default as chips crater - FXStreet
Dow Jones Industrial Average green by default as chips crater FXStreet
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Dow flat, Nasdaq slumps as investors pull back from AI stocks - Proactive financial news
Dow flat, Nasdaq slumps as investors pull back from AI stocks Proactive financial news