Dow Drops 300 Points Amid Profit-Taking in Chip Stocks Ahead of Big Tech Earnings
The Dow Jones Industrial Average fell by over 300 points as an early rally faded, with investors taking profits from semiconductor stocks ahead of key earnings reports. The S&P 500 and Nasdaq also declined slightly amid uncertainty around inflation, interest rates, and oil prices.
Tickers: $GM $GOOGL $HAL $MMM $SCHW $TSLA
Topics: Big Tech earnings Dow Jones Nasdaq oil prices S&P 500 semiconductors