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Barchart
Barchart
Rich Asplund

Stocks Mostly Lower as Chip Makers and Megacap Tech Companies Retreat

The S&P 500 Index ($SPX) (SPY) Tuesday closed down by -0.59%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -1.39%.  September E-mini S&P futures (ESU25) fell -0.54%, and September E-mini Nasdaq futures (NQU25) fell -1.37%. 

Stock indexes settled mixed on Tuesday, with the Nasdaq 100 falling to a 1.5-week low and the Dow Jones industrials posting a new all-time high. Tuesday’s selloff in chip makers and the Magnificent Seven megacap technology stocks weighed on the overall market. 

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