Stocks Settle Lower as Chipmakers and AI Stocks Slump

IndustryPrice Action
โดย Barchart·Read original
Summary · why it matters

U.S. stocks settled lower on Thursday, with the Nasdaq 100 falling to a one-week low, as chipmakers and AI-infrastructure stocks slumped. The S&P 500 closed down 0.51%, the Dow Jones Industrial Average fell 0.20%, and the Nasdaq 100 dropped 1.62%. Weakness in semiconductor and cloud infrastructure names weighed on the market, while Alphabet fell more than 4% after reports that Google is months behind schedule on its most powerful AI model. In contrast, software stocks and trucking companies rallied, with JB Hunt Transport Services gaining over 8% on stronger-than-expected Q2 revenue and Abbott Laboratories surging more than 10% after raising its full-year adjusted EPS forecast. Hawkish Fed comments and stronger-than-expected economic data pushed bond yields higher, with the 10-year T-note yield rising 2 basis points to 4.57%.

Impact on stocks 45

Artificial Intelligence▼ · 12 stocks
Alphabet Inc Class C
GOOG
▼ NegativeTechnologyrelevance

Google is months behind schedule on its most powerful AI model, causing shares to fall over 4%.

Industrials▲ · 9 stocks
Critical Materials & Supply Chain▲ · 7 stocks
Semiconductors▲ · 6 stocks
Digital Finance & Tokenization▲ · 5 stocks
Biotech & Genomic Medicine▲ · 2 stocks
Abbott Laboratories
ABT
▲ PositiveCapitalrelevance

Abbott raised its full-year adjusted EPS forecast, driving shares up over 10%.

Cloud & Digital Infrastructure▲ · 2 stocks
Space Economy▲ · 1 stocks
Aerospace & Aviation▲ · 1 stocks

Theme Impact 8

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