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Trading Day: Inflation up, chips down

By Reuters May 12, 2026 Bearish
Trading Day: Inflation up, chips down
The S&P 500 and Nasdaq fell on Tuesday, dragged down by a sharp decline in semiconductors, while sentiment was also rattled by rebounding oil prices and stronger-than-expected U.S. inflation which both lifted bond yields.
The S&P 500 and Nasdaq fell on Tuesday, dragged down by a sharp decline in semiconductors, while sentiment was also rattled by rebounding oil prices and stronger-than-expected U.S. inflation which both lifted bond yields.