Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising oil prices amid Middle East tensions. Despite strong early earnings, including bank results, weak forecasts from companies like Netflix weighed on investor confidence.
US stocks today: US stocks end lower for the day and week as chip selloff broadens
Wall Street declined as AI-driven chip stocks extended losses, triggering broader risk-off sentiment. Semiconductor shares saw sharp weekly declines, while energy stocks gained on rising