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Market Impact: 0.78

Dow ends 50 points higher as Nasdaq slides on inflation, chip selloff

InflationEconomic DataTechnology & InnovationEnergy Markets & PricesMarket Technicals & Flows

US stocks closed mixed as a hotter-than-expected April inflation report and rising oil prices pressured risk assets, with the S&P 500 down 0.16% to 7,400.96 and the Nasdaq Composite falling 0.71% to 26,088.20. Semiconductor weakness weighed on technology-heavy indexes, reinforcing a risk-off tone across the market.

Analysis

US stocks closed mixed as a hotter-than-expected April inflation report and rising oil prices pressured risk assets, with the S&P 500 down 0.16% to 7,400.96 and the Nasdaq Composite falling 0.71% to 26,088.20. Semiconductor weakness weighed on technology-heavy indexes, reinforcing a risk-off tone across the market.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35