US stock market closed mixed as the S&P 500 and Nasdaq slipped on AI and chip stock weakness, while healthcare stocks gained and the Dow ended the week higher.

Investors are bracing themselves for a more hawkish US Federal Reserve. Read more at straitstimes.com. Read more at straitstimes.com.

Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel sectors. The Dow Jones…