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U.S. Stock Indices Close Mixed on Tuesday; Nasdaq Falls 0.71%, Semiconductor Sector Down Over 3%

GateNews

2026-05-12 23:11:38

U.S. stock indices closed mixed on Tuesday, with the Nasdaq falling 0.71%, the S&P 500 declining 0.16%, and the Dow Jones Industrial Average rising 0.11%. The semiconductor sector faced broad selloff pressure, with the Philadelphia Semiconductor Index (SOX) dropping over 3%. Qualcomm fell more than 11%, marking its worst single day since March 2020, while Intel and SanDisk each declined over 6%. Micron Technology fell over 3%, and Broadcom, AMD, Applied Materials, and ASML each fell over 2%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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