Nasdaq leads Wall Street lower as chip stocks decline; oil prices rise
Wall Street closed lower on Tuesday led by the Nasdaq, which fell 0.9% due to weakness in technology and semiconductor shares following reports tied to OpenAI. The S&P 500 dropped 0.5%, while the Dow Jones edged down slightly at 0.1%. Oil prices rose during the session.
Tickers: $ALV $IMUX $SBUX $TMUS
Topics: chip stocks Dow Jones Nasdaq oil prices S&P 500