Markets #us stock market#s&p 500
US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout
Wall Street traded mixed on Tuesday with the S&P 500 flat and Dow Jones gaining 385 points, while the Nasdaq Composite slipped over 1% dragged by a selloff in semiconductor stocks. Micron fell 8.4%, AMD 7.7%, and Nvidia 1.1% on renewed concerns over AI-driven demand sustainability and rising Chinese competition. Broader market sentiment was supported by strong earnings from Coca-Cola, Sherwin-Williams, and Illinois Tool Works.
Jul 28, 2026 1 source