U.S. stocks slipped as chipmakers dragged the Nasdaq and S&P 500 lower despite solid economic data and strong earnings expectations. Semiconductor weakness offset gains in healthcare, while rising oil prices and escalating U.S.-Iran tensions added pressure. Investors remain cautious amid volatility, even as retail sales and labor data signal underlying economic resilience.

Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses amid chip stock weakness,…

The S&P 500 lost 0.79 per cent, while the Nasdaq Composite lost 1.55 per cent, to 25,873.18. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. markets opened mixed with Dow gaining while S&P 500 and Nasdaq slipped as chip stocks continued to weaken. Investors assessed fresh economic data for signals on growth and…