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

Wall Street ends lower; chip decline highlights S&P 500 concentration risk

NEW YORK, July 16, 2026, 4:09 p.m. EDT U.S. stocks finished down on Thursday, pressured by a 4.29% decline in semiconductor shares. The Nasdaq fell 1.47%, with chip stocks weighing on the index's…

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