Nasdaq-100 Drops Nearly 2% on May 12 Amid Weak Performance from Chip Stocks
The Nasdaq-100 fell nearly 2% on Tuesday, outpacing declines in the S&P 500 and Dow Jones. The drop was largely driven by weak performance among major chip stocks like Broadcom and Micron Technology.
Topics: chip stocks Dow Jones Nasdaq-100 S&P 500 stock market decline