The Nasdaq Composite slid 0.97% to 25,678.82 as tech and chip stocks sold off, while the Dow edged up 0.17%. Broadcom, Micron, AMD, and Intel fell. Apple dropped nearly 4% on AI concerns. J.M. Smucker rose over 10% on earnings. Profit-taking and de-risking ahead of CPI data drove the decline.
Tap to vote and see what everyone thinks.