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News Wire / economy

US Semiconductor And AI Stocks Decline

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The NASDAQ fell by 0.9%, the S&P 500 dropped 0.4%, and the Dow Jones saw similar declines during US trading. These movements follow the release of first quarter inflation data. The NASDAQ surrendered 223 points, representing an almost 1% loss. US technology stocks fell following reports regarding the revenue targets of major AI firms. US stock markets saw declines across major indices on Tuesday. The NASDAQ and S&P 500 both fell by more than 200 points. The Philadelphia Semiconductor Index fell 372.46 points or 3.58% to 1,035.58. The S&P 500 fell 35.1 points, a 0.49% decrease, to close at 7,138.80. The Nasdaq dropped 223.30 points, or 0.90%, to 24,663.80. TSMC ADR fell by 12.64 USD. Major US technology stocks experienced a collective downturn, with the Philadelphia Semiconductor Index falling over 3%.

The NASDAQ fell by 0.9%, the S&P 500 dropped 0.4%, and the Dow Jones saw similar declines during US trading. These movements follow the release of first quarter inflation data. The NASDAQ surrendered 223 points, representing an almost 1% loss. US technology stocks fell following reports regarding the revenue targets of major AI firms. US stock markets saw declines across major indices on Tuesday. The NASDAQ and S&P 500 both fell by more than 200 points. The Philadelphia Semiconductor Index fell 372.46 points or 3.58% to 1,035.58. The S&P 500 fell 35.1 points, a 0.49% decrease, to close at 7,138.80. The Nasdaq dropped 223.30 points, or 0.90%, to 24,663.80. TSMC ADR fell by 12.64 USD. Major US technology stocks experienced a collective downturn, with the Philadelphia Semiconductor Index falling over 3%. declines include Oracle dropping over 4%, AMD down 3.98%, and Nvidia, Intel, and TSMC all falling by more than 2%.

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Sources · 7 independent

Mastodon

“US stock markets experienced declines on Thursday. At the close in New York, the Dow Jones Industrial Average was calculated at 49,310 points, marking a 0.4 per...”

WTOP Washington DC

“John's industrial average is down 36 points, the S&P 500 is off 37, and the NASDAQ is giving back 186 points as we make our way through the final hour of trading on Wall Street.”

ABC NewsRadio Australia

“said, we have really everything in common with America nowadays except to...”

ABC NewsRadio AU

“said, we have really everything in common with America nowadays except to...”

RNZ National

“The S&P 500 at 7,135 that is off half a percent and the NASDAQ at 24,662 is off nearly 1%. Oil prices obviously been in focus with the issue with the UAE pulling out of OPEC.”

WTOP Washington DC

“Tuesday, the Dow Jones industrial leverage gave back 25 points. The S&P 500 surrendered 33, and the NASDAQ lost 223 points. That was almost a 1% drop for the NASDAQ.”

WTOP Washington DC

“Tuesday, the Dow Jones industrial leverage gave back 25 points. The S&P 500 surrendered 33, and the NASDAQ lost 223 points.”

ABC NewsRadio AU

“In the US the down... Jones is down marginally but the S&P 500 has dropped half of a percent and the NASDAQ is almost...”

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