Chip Stocks Fall as AI Trade Loses Steam

U.S. stocks fell as a fresh wave of selling hit semiconductor stocks, overshadowing record earnings from Taiwan Semiconductor Manufacturing and strong results from UnitedHealth.

U.S. Retail Sales Rose at Slower Pace Last Month

Sales growth at U.S. retailers rose at a slower pace in June as consumers spent less on gasoline due to falling prices at the pump.

U.S. Pending Home Sales Fell in June