US stocks fall affected by selloffs in the semiconductor chip sector

US stocks fall affected by selloffs in the semiconductor chip sector

US stock indices close lower - cnbctv18

US stock indices close lower - cnbctv18

2026/07/08 02:55

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US stock indices closed lower on Tuesday, affected by widespread selloffs in the semiconductor chip sector, amid growing investor concerns about the sustainability of the record rally in artificial intelligence stocks.

According to preliminary data, the S&P 500 index fell 34.07 points, or 0.45%, to close at 7,503.36 points.

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The Nasdaq composite index lost 1.19%, reaching 25,811.10 points. The Dow Jones Industrial Average fell 140.30 points, or 0.26%, to end trading at 52,915.61 points.

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