Reported about 1 month ago
US stock markets experienced a decline, with major chipmaker stocks falling sharply after ASML's unexpected earnings report indicated a bleak sales outlook for 2025. Nvidia, AMD, and Intel followed suit with significant losses. The Dow Jones dipped slightly after a previous record close, influenced by a drop in UnitedHealth shares. Additionally, oil prices dropped more than 4% following reports that Israel would avoid targeting Iranian oil facilities, contributing to a generally bearish sentiment across the markets.
Source: YAHOO