Stock Market Update: Dow, S&P 500, and Nasdaq Dip Amid Trade War Concerns Despite TSMC's Strong Earnings

Reported 14 days ago

US stock markets saw declines on Thursday as concerns over a prolonged US-China trade war and loan losses from regional banks weighed heavily on investor sentiment. The Nasdaq Composite dropped 0.5%, the S&P 500 fell by 0.6%, and the Dow Jones Industrial Average also decreased by about 300 points. This downward trend persisted despite a boost from Taiwan Semiconductor Manufacturing Company's impressive earnings report, which helped some tech stocks initially rise.

Source: YAHOO

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