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International Business Times
International Business Times
Business
Demian Bio

S&P 500, Nasdaq Fall As Chipmakers Struggle; Dow Jones Climbs

JD Vance Iran CNBC United States
The S&P 500 and the Nasdaq Composite fell on Monday, dragged by chipmakers.

The S&P 500 and the Nasdaq Composite fell on Monday, dragged by chipmakers. Concretely, the former dropped 0.4%, while the latter declined further, closing 1.3% down. In contrast, the Dow Jones Industrial Average Climbed 0.3%, led by Caterpillar.

The tech-heavy index was dragged by large tech names, including chipmakers. CNBC Noted that Alphabet shares declined by 5% after top AI officials left the company.

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