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58· Steady
Markets1h 16m ago
Chip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat US economic data and a strong start to second-quarter earnings season.
US
Who
The Star
What
Chip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat US economic data and a strong start to second-quarter earnings season.
When
Thu, 16 Jul 2026 23:01:00 GMT · 1h 16m ago
Where
US ·
Why
Chip stocks experienced weakness, offsetting positive economic data and a strong start to the earnings season.
The Frontline Impact
How this affects you
Major US stock indices, the Nasdaq and S&P 500, closed lower due to declines in chip stocks. This occurred despite positive economic indicators and a strong beginning to the second quarter earnings season.
Story chain
2 events in this thread- Currently Reading1h 16m agoChip stocks pulled the Nasdaq and the S&P 500 lower on Thursday as they continued to lead broader market moves despite generally upbeat US economic data and a strong start to second-quarter earnings season.
- Markets2h 14m agoThe Dow Jones Industrial Average fell 105.32 points, or 0.2 per cent, to 52,553.32.Open article
Verified Sources & Citations
- HIGHThe Straits Timeshttps://www.straitstimes.com/business/companies-markets/wall-street-ends-lower-as-chip-weakness-offsets-solid-earnings-economic-data
- HIGHThe Starhttps://www.thestar.com.my/business/2026/07/17/wall-st-ends-lower-as-chip-weakness-offsets-earnings
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