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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 parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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