✉news BusinessMarkets first seen 13 h ago, last 1 h ago, peak #3
Wall Street falls as oil jumps and chip stocks slide
Original: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh
US stocks closed lower, with the S&P 500 and Nasdaq both ending the session in negative territory. Rising crude oil prices pressured markets, while semiconductor shares were a particular drag on the indexes. Investors weighed the impact of higher energy costs and weakness in the chip sector, a key driver of this year's market moves.
Why now: Markets are reacting to a jump in oil prices and a sell-off in semiconductor stocks.
S&P 500Nasdaqsemiconductor industry
Rank over time, top of the chart is #1. 20 snapshots from 13 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1527275