Tag: Dow Drops ASML
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Chipmakers Struggle as Export Limits Hit Stocks: Dow Drops ASML 📉
On Tuesday afternoon, the stock market took a notable hit as chipmakers struggled amid concerns over potential export restrictions. The Dow Jones Industrial Average fell by 118 points, or 0.28%, to 42,939, while the Nasdaq slipped by 0.8% and the S&P 500 shed 0.4%. These drops were primarily driven by losses in the technology sector,…