Nasdaq Falls 1.4% as Semiconductor Rout Deepens

Price Action
โดย The Motley Fool·Read original
Summary · why it matters

The Nasdaq Composite fell 1.40% to 25,520, the S&P 500 lost 1.02% to 7,457, and the Dow Jones Industrial Average slipped 0.77% to 52,146, extending a tech-led sell-off as a worsening semiconductor rout outweighed strong insurance sector earnings. The Travelers Companies jumped 9% after reporting a significant second-quarter earnings beat, while Nvidia shares slid as investors rotated out of the artificial-intelligence bellwether. The Philadelphia Stock Exchange Semiconductor Index has fallen more than 13% in the past month, though it remains up almost 63% year-to-date. Gold prices rose 0.57% to $4,010.55, and the 10-Year Treasury yield climbed 0.02% to 4.55%.

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