US stocks closed lower as a global chip sell-off hit tech shares. The S&P 500 fell 1.3%, Nasdaq dropped 2%, while the Dow finished nearly flat.

US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI spending. The Dow, however, edged higher,…

US stocks closed mixed as Nasdaq fell on a tech selloff, while Dow gained. Investors tracked Iran developments, oil prices and key inflation data.

Interest rate fears hit high-flying sectors as oil prices hold steady