Chipmakers Lead Early Selloff as Major Indices Slip
TL;DR Summary
The Nasdaq and S&P 500 opened lower as semiconductor stocks led the decline, with memory-chip names Sandisk (SNDK) and Micron (MU) among the biggest drags after weekend rumors that Apple could source from CXMT; other chipmakers softened, while consumer staples outperformed and names like Airbnb (ABNB) and Visa (V) rose in early trading.
- Semiconductor stocks drag S&P 500, Nasdaq lower: AlphaCheck Yahoo Finance
- Wall Street mixed as tech stocks come under pressure Seeking Alpha
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- U.S. Stocks Mixed With Nasdaq Slipping on Weakness in Tech Sector WSJ
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