Wall Street closes lower as Tesla, chips and tech lead a broad risk-off session
Executive summary: US stocks finished lower, with the S&P 500, Nasdaq Composite and Dow Jones all in the red as investors rotated away from high-beta tech and AI-linked names. Tesla, AI/chips stocks and the broader tech sector led declines, while oil, Apple, Microsoft and Bitcoin posted gains. The move came alongside firmer crude, softer gold and a mixed FX backdrop, underscoring a session shaped by sector rotation rather than a single market-wide catalyst. [Continue Reading]
Sponsored

