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Kiplinger
Kiplinger
Business
Karee Venema

Nasdaq Sinks as Chip Stocks Drop Again: Stock Market Today

Stock chart with red and green bars going up and down in a choppy manner and red and blue moving averages.

Stocks were choppy Thursday as market participants took in a fresh round of earnings reports and several major developments in the healthcare space. Wall Street also watched as chip stocks continued to sell off, with one company's quarterly results spooking this once-hot corner of the market.

At the close, the blue-chip Dow Jones Industrial Average was down 0.2% at 52,552, while the broader S&P 500 was off 0.5% at 7,533 and the tech-heavy Nasdaq Composite had slumped 1.5% to 25,881.

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