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First reported by KFGO
S&P 500, Nasdaq open lower as chip stocks weaken

S&P 500 finishes at 7,533.77; chip downturn overshadows broad earnings gains

NEW YORK, July 16, 2026, 18:05 (EDT) — U.S. cash markets ended the session. (Reuters) The S&P 500 dropped 0.51%, despite almost 75% of its constituents closing higher. (Reuters) An initial chip proxy…

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