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S&P 500 Drops as Chipmaker Selloff and Inflation Fears Weigh on Wall Street

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The Story

News Summary

  • US stocks traded mixed as the S&P 500 slipped 0.3% due to heavy selloffs in semiconductor and AI infrastructure stocks.
  • Uncertainty over chip capital expenditure returns and elevated energy prices fueled inflation concerns, dampening market sentiment ahead of Nvidia's upcoming earnings.
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US500 price history

7656.98 +14.20% over the displayed period

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