Stocks Tumble as Semiconductors Slump
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Description
The S&P 500 index and Nasdaq Composite fell near two-month lows after key chip industry company reported disappointing quarterly results.
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The S&P 500's five-month winning streak ended after unwelcomed inflation measures and a drop in consumer confidence fueled widespread selling.
Published 04/30/24
Published 04/30/24
Major indexes edged higher but still poised for down month as investors brace for heavy week of earnings, economic news.
Published 04/29/24