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First reported by Zawya
Stocks stumble as tech slides despite Samsung's record profit; oil rises

Wall Street sees mixed performance; Dow rises 0.3%, Nasdaq falls 0.8% as AI stocks slide

By

TOI Business Desk

2h agoen

Source

timesofindia.indiatimes.comWall Street sees mixed performance; Dow rises 0.3%, Nasdaq falls 0.8% as AI stocks slideindiatimes.com
Snippet from the RSS feed
US stocks traded mixed on Tuesday as technology shares faced pressure. Declines in artificial intelligence and semiconductor stocks weighed on the Nasdaq Composite. The S&P 500 also slipped, while the Dow Jones Industrial Average saw gains. This weakness followed a sharp sell-off in Asian markets, particularly South Korea's Samsung Electronics. Oil prices moved higher after a tanker incident in the Strait of Hormuz.

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