ReferIndia News US STOCKS-S&P 500 dips as chip stocks give up gains

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US STOCKS-S&P 500 dips as chip stocks give up gains

Published on: May 8, 2026, 12:26 a.m. | Source: Devdiscourse

The Nasdaq declined 0.15% to 25,799.74 points, while the Dow Jones Industrial Average was down 0.55% at 49,638.38 points. A relentless rally in technology and AI shares has helped push ⁠U.S. stocks to record highs in recent days as investors cheer signs of strong demand for artificial intelligence and a robust earnings season.

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