Chipmaker Weakness Drags Stock Indexes Lower

Price ActionMacro
โดย Barchart·Read original
Summary · why it matters

Stock indexes settled lower on Wednesday as a selloff in chipmakers and AI-infrastructure stocks dragged the broader market lower. The S&P 500 fell 0.22% from a one-week high, the Dow Jones Industrial Average slipped 0.03% from a new all-time high, and the Nasdaq 100 dropped 1.54%. Weaker-than-expected US economic data also weighed on stocks after the June ADP employment change rose by 98,000, missing expectations of 120,000, and the June ISM manufacturing index fell to 53.3, below the expected 53.9. Losses were limited by strength in Magnificent Seven technology stocks and a rally in software companies, while Fed Chair Warsh's comments on easing price risks provided some support.

Impact on stocks 34

Cloud & Digital Infrastructure · 6 stocks
Semiconductors · 6 stocks
Consumer Staples · 3 stocks
Critical Materials & Supply Chain · 1 stocks
Energy Transition & Power Demand · 1 stocks
Communication Services · 1 stocks
Spatial Computing / AR/VR · 1 stocks
Industrials · 1 stocks
Defense & Geopolitical Fragmentation · 1 stocks
Electrification & Mobility · 1 stocks