US stock market falls back, semiconductor shares sold off amid doubts over AI rally sustainability

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โดย Reuters·Read original
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The US stock market fell back, with semiconductor shares led by Micron Technology declining and weighing on the market as concerns grew over the sustainability of the artificial intelligence-driven rally. The Dow Jones Industrial Average ended down 130.76 points at 52,925.15, the Nasdaq Composite fell 302.47 points to 25,818.69, and the S&P 500 dropped 33.58 points to 7,503.85. The Philadelphia Semiconductor Index tumbled 599.63 points, or 4.65 percent, to 12,300.52, a sharp decline, while the S&P information technology sector also fell 1.62 percent. On the other hand, defensive sectors were bought, with the S&P energy sector up 3.03 percent and the S&P healthcare sector up 1.55 percent.

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