✉news BusinessMarkets first seen 10 h ago, last 27 min ago, peak #3
S&P 500 and Nasdaq close lower on oil and chip weakness
Original: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh
US stock markets ended lower, with the S&P 500 and Nasdaq both finishing down as rising crude oil prices weighed on sentiment and semiconductor stocks dragged on the technology-heavy index. Investors are watching energy costs and the chip sector for signals about inflation and corporate earnings.
Why now: Investors are reacting to simultaneous pressure from surging oil prices and a selloff in semiconductor shares.
Rank over time, top of the chart is #1. 16 snapshots from 10 h ago to 27 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1527275