Dow Holds Steady While Nasdaq Stumbles: What Moved Markets This Week
Chip and mega-cap tech stocks fell as investors questioned whether AI spending can keep rising, while Travelers’ 7.9% gain helped limit the Dow’s losses.
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4 Articles
Wall Street Review: Tech Stocks Sink as Semiconductor Sector Enters Bear Market on AI Worries
U.S. technology shares reversed course this week, giving up all the gains they made the previous week. Profit-taking and concerns about AI competition from China and whether AI investment returns will meet expectations hit the semiconductor sector, pushing it into bear territory. The sell-off in tech stocks came despite cooling inflation at both the retail and wholesale levels, which eased fears of an interest rate hike by the nation’s central …
Dow Jones steady at 52,500, buoyed by single stock as broader tech sector declines
NEW YORK, July 17, 2026, 12:04 EDT The Dow edged down 0.10% to 52,502.38 at the opening of the cash session. (The Wall Street Journal) Travelers (NYSE:TRV) rose 8.2%, contributing approximately 164 points to the Dow. (Barron's) The Nasdaq dropped 1.36%, with semiconductor stocks still trading in a bear market. (The Wall Street Journal) The…
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