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Stocks Slide Into A Two-Front Test Of Nerves

A chip-led selloff met de-risking before inflation data, and now futures face an overnight escalation in the Gulf.

Wall Street fell again Tuesday as the chip trade wobbled and investors trimmed risk before inflation data. The S&P 500 slipped 0.26 percent to 7,386.65 and the Nasdaq lost 0.97 percent to 25,678.82, while the Dow edged up 0.17 percent on a late bounce.

Broadcom and Micron swung lower before paring losses, and Apple fell almost 4 percent on doubts about its AI strategy.

Now index futures must absorb the overnight strikes on Iran alongside today's price report, a combination that points to a jittery open.

Sources: The Motley Fool, TheStreet.

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Unhappy Anniversary

Unhappy Anniversary

Closing the gold window left the US with a pure fiat currency. The results have been disastrous.

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