Semiconductor stocks drag S&P 500 and Nasdaq lower

finance.yahoo.com

Semiconductor stocks dragged the S&P 500 and Nasdaq lower in early trading Monday, as investors weighed new sanctions against Iran and a breakdown in US-Canada trade talks. Tech sector losses led the decline, echoing weakness in Asian markets. Memory chip makers Sandisk and Micron dropped sharply on rumors the Trump administration could allow Apple to source chips from China's CXMT. Consumer staples were the best performers. Investors are closely watching several notable stocks, including SpaceX, Alibaba, Marvell, SK Hynix, Applied Optoelectronics, and Lam Research, amid broader market uncertainty.


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Semiconductor stocks drag S&P 500 and Nasdaq lower | News Minimalist