Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rally

Category: Finance

Wall Street faced a setback due to concerns over trade tensions with China affecting chip companies, leading to the worst day in months for indexes. Despite the decline, more stocks rose than fell, with the Dow Jones Industrial Average reaching a new record. The focus was on chip companies like ASML and Tokyo Electron, which saw significant stock drops. The market also reacted to comments by former President Trump on Taiwan Semiconductor Manufacturing Co. and the overall performance of Big Tech stocks.

Keywords: Wall Street, trade tensions, chip companies, stock market, Big Tech, Dow Jones, ASML, Tokyo Electron, Taiwan Semiconductor, market trends

Source: ABC News

Update At: 7/18/2024

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