Stocks again dropped on Tuesday, dragged by chip-related shares. The S&P 500 fell 1.4%, while the tech-heavy Nasdaq Composite did so by 2.2%. The Dow Jones Industrial Average, in turn, fell 0.09%.
CNBC noted that not all stocks fell. Some tech companies not related to chipmaking like Microsoft and Amazon climbed, while defensive ones like Walmart, Procter & Gamble and Johnson & Johnson also gained.
