Miner Company
Nasdaq leads Wall Street lower as chip stocks tumble, oil rises
4:15pm: Stocks close lower Wall Street lost momentum on Tuesday, with the Dow, S&P 500 and Nasdaq all closing lower as weakness in chip stocks weighed heavily on sentiment, while oil prices pushed higher and kept energy names in focus. The Nasdaq led the declines, falling 0.9% to 24,664 as technology shares came under pressure following reports tied to OpenAI that rattled investor confidence across the semiconductor space.
4:15pm: Stocks close lower Wall Street lost momentum on Tuesday, with the Dow, S&P 500 and Nasdaq all closing lower as weakness in chip stocks weighed heavily on sentiment, while oil prices pushed higher and kept energy names in focus. The Nasdaq led the declines, falling 0.9% to 24,664 as technology shares came under pressure following reports tied to OpenAI that rattled investor confidence across the semiconductor space.