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Nasdaq Drops Again as Chip Slump Deepens
The Wall Street Journal72d agobearish
Nasdaq Drops Again as Chip Slump Deepens

MARKETS PM NEWSLETTER This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened in Markets Today The chip-stock selloff deepened, dragging the tech-heavy Nasdaq down 1.

Chip Selloff Is Just a Wobble, JPMorgan Strategist Says
The Wall Street Journal72d agobearish
Chip Selloff Is Just a Wobble, JPMorgan Strategist Says

Chip makers are selling off premarket as investors pare back investments in artificial intelligence-linked stocks. Intel, Micron and Sandisk are on track to notch double-digit losses for the week, while large tech names in Asia have cratered.