U.S. stocks closed, with the Nasdaq down over 2%, and chip stocks plummeting
According to Jinshi reports, U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average initially down 0.09%, the S&P 500 index down 1.4%, and the Nasdaq down 2.2%. The Philadelphia Semiconductor Index plummeted 7.8%, with Marvell Technology down 9%, Micron Technology down 13%, and NVIDIA down 4%. The Nasdaq Golden Dragon China Index fell 0.55%, with Xpeng Motors down over 4%.
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