Stocks Mixed as Chipmakers Slide on South Korea Weakness

Price ActionMacroGeopolitics Impact 4
โดย Barchart·Read original
Summary · why it matters

U.S. stocks were mixed, with the Dow Jones Industrial Average rising to a one-week high while the Nasdaq 100 fell to a one-week low, as a selloff in chipmakers and AI-infrastructure stocks weighed on the broader market. The iShares Semiconductor ETF dropped more than 2%, with Sandisk down over 8% and ARM Holdings down over 7%, following a 6% plunge in South Korea's Kospi Index driven by sharp losses in SK Hynix and Samsung Electronics. UnitedHealth Group jumped 4% after reporting second-quarter adjusted earnings per share of $6.38, well above the consensus of $4.89, and raising its full-year adjusted EPS estimate to $19.50 to $20.00, while Abbott Laboratories surged more than 11% after lifting its full-year adjusted EPS forecast to a range of $5.45 to $5.60. Stronger-than-expected U.S. economic data, including a drop in weekly initial jobless claims to a 10-week low of 208,000 and a Philadelphia Fed business outlook survey rising to a 4.5-year high of 41.4, pushed the 10-year Treasury yield up 3 basis points to 4.58%. WTI crude oil prices rose nearly 1% after the U.S. launched fresh airstrikes on Iran and struck a sanctioned Iranian oil tanker in the Persian Gulf, with President Trump pledging to intensify bombardment until Iran stops attacking ships in the Strait of Hormuz.

Impact on stocks 47

Semiconductors · 8 stocks
SK Hynix Inc
000660
▼ Negativerelevance

SK Hynix was a driver of South Korea's Kospi decline, but the article does not specify a reason for its sharp losses.

Sandisk Corp
SNDK
▼ Negativerelevance

Sandisk dropped over 8% as part of a broad chipmaker selloff triggered by South Korea weakness, but no company-specific news.

Artificial Intelligence · 4 stocks
Samsung Electronics Co Ltd
005930
▼ NegativeDemandrelevance

South Korea's Kospi Index plunged 6% driven by sharp losses in SK Hynix and Samsung Electronics, indicating weak demand for chips.

Biotech & Genomic Medicine · 2 stocks
Abbott Laboratories
ABT
▲ PositiveCapitalrelevance

Abbott Laboratories lifted its full-year adjusted EPS forecast, driving shares up over 11%.

Cloud & Digital Infrastructure · 2 stocks
Aging Population · 1 stocks
UnitedHealth Group Incorporated
UNH
▲ PositiveCapitalrelevance

UnitedHealth Group reported Q2 adjusted EPS well above consensus and raised full-year guidance, sending shares up 4%.

Space Economy · 1 stocks
Defense & Geopolitical Fragmentation · 1 stocks
Aerospace & Aviation · 1 stocks
Robotics & Physical AI · 1 stocks
Communication Services · 1 stocks