S&P 500, Nasdaq 100 Fall From Record Highs As Investors Take In Chipmaker Earnings; Energy Sector Recovery, Yields Rise: What’s Driving Markets Thursday? – Accenture (NYSE:ACN)

After the June 19 holiday, Wall Street reopened on a cautious note, as the S&P 500 and Nasdaq 100 indexes fell after hitting all-time highs around midday trading in New York. That decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which eased risk sentiment. of iShares Semiconductor ETF SOXX fell 2.4%, … Read more

Semiconductor sector posts worst day in 7 weeks: Key prices

Thursday saw the worst trading day for the semiconductor sector in seven weeks. Earnings revisions for some of the top tech stocks like Nvidia ( NVDA ), Amazon ( AMZN ), Meta ( META ), and Alphabet ( GOOG , GOOGL ) are currently over 35% higher than that of the entire S&P 500 ( … Read more