US equity markets retreated on Tuesday, with the technology-heavy Nasdaq Composite and the broader S&P 500 posting losses as selling pressure concentrated in the semiconductor sector.
The Dow Jones Industrial Average managed a marginal gain of 0.09%, rising 48.1 points to 5310, but the advance was isolated as growth stocks faced renewed scrutiny.
28%. The divergence highlights a rotation away from high-multiple technology names, with investors questioning the near-term momentum of the AI-led rally that has powered market gains in recent months.
The Nasdaq Composite fell 0.62%, while the S&P 500 dropped 0.28%.
The divergence highlights a rotation away from high-multiple technology names, with investors questioning the near-term momentum of the AI-led rally that has powered market gains in recent months.
Chip stocks led the decline, dragging down the broader tech index and offsetting any positive catalysts from the sector.
This session’s weakness extends a period of selling pressure that has weighed on major benchmarks throughout the week.