STOCKS | Dow Falls 0.25%, S&P 500 Drops 0.7% as Semiconductor Shares Slide

According to Wallstreetcn, the Dow Jones Industrial Average fell 0.25% and the S&P 500 Index dropped 0.7%, while the Philadelphia Semiconductor Index fell 5.5%; Super Micro Computer fell about 9%, Intel fell about 7%, ASML fell about 6%, Nvidia fell about 4%, memory chip stocks broadly declined, SK Hynix fell about 7%, Micron Technology fell about 7%, Western Digital fell about 7%, SanDisk fell about 7%, optical communications stocks also broadly declined, Marvell Technology fell about 8%, Corning fell about 10%, Coherent fell about 9%, Credo fell about 6%, and Lumentum fell about 8%.