US stocks today: Nasdaq, S&P fall over 1%, end lower for week as chip selloff broadens
· economictimes.indiatimes.com
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising oil prices amid Middle East tensions. Despite strong early earnings, including bank results, weak forecasts from companies like Netflix weighed on investor confidence.
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