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Barchart
Barchart
Rich Asplund

RARE PHOTOS: Stocks settle lower on weakness in chipmakers | Rare Historical Photos

The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.55%.  December E-mini S&P futures (ESZ25) fell -0.37%, and December E-mini Nasdaq futures (NQZ25) fell -0.54%.

Stock indexes gave up an early advance on Tuesday and turned lower as most chipmakers retreated following Monday's surge.  The S&P 500 and Nasdaq 100 initially rallied to new all-time highs on Tuesday, driven by strength in chipmakers and AI infrastructure stocks.  Advanced Micro Devices rose more than +3% Tuesday, adding to Monday's +23% surge due to the spending boom in artificial intelligence.  

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