US chip stocks fall up to 9% in another round of selling even as Dow and peers gain
The Dow Jones recovered from a mid-day drop during which the index briefly slipped into the red, to end 150 points higher. The S&P 500 and the Nasdaq Composite also recovered from their respective lows to end with gains of 0.4% and 0.6% respectively. The Nasdaq 100 index, which houses most of these chip names, fell 0.3%.
The Dow Jones recovered from a mid-day drop during which the index briefly slipped into the red, to end 150 points higher. The S&P 500 and the Nasdaq Composite also recovered from their respective lows to end with gains of 0.4% and 0.6% respectively. The Nasdaq 100 index, which houses most of these chip names, fell 0.3%.
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