Broad U.S. stock indexes were all down on Tuesday, with tech-hardware stocks seeing especially sharp pullbacks.
The S&P 500 SPX declined 1.4%, while its information-technology sector XX:SP500.45 was down 3.7%.
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Digging further into tech, the iShares Semiconductor ETF SOXX was down 7.9% on the day. This exchange-traded fund holds 30 stocks tracking the PHLX Semiconductor Index SOX — and all of them declined on Tuesday.
The S&P 500 SPX declined 1.4%, while its information-technology sector XX:SP500.45 was down 3.7%.
Is Wendy's the next meme stock? Everyday traders are trying to 'save' the fast-food chain.
'We are habitually frugal': My wife and I have money. How do we help our children without ruining their independence?
Digging further into tech, the iShares Semiconductor ETF SOXX was down 7.9% on the day. This exchange-traded fund holds 30 stocks tracking the PHLX Semiconductor Index SOX — and all of them declined on Tuesday.
2 months ago
