The Dow, S&P 500, and Nasdaq surrendered morning gains in late trading as semiconductor weakness and AI cost concerns dragged markets lower.

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semiconductor stocks experienced significant…

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.