Wall Street Falls as Chip Stocks and Economic Data Weigh on Markets
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#33a0847c ver:0.57

#WallStreet falls as chip stocks and economic data weigh on markets. Tech stocks drop as Biden administration considers sanctions on Chinese tech firms and tighter semiconductor trade restrictions. Nasdaq Composite down 2.7%, S&P 500 down 1.3%. Diversification advised. US aims to transform chip supply chain to reduce dependence on China. Trade tensions cause chip stocks to plummet. Economic data and jobless claims also contribute to market decline. Volatility and caution in the market. #StockMarket #TechStocks #ChipIndustry #EconomicData...

#newstr #TechStocks #ChinaTechFirms #SemiconductorTradeRestrictions #ChipExports #ChipSector #GlobalChipSupplyChain #TradeTensions #WallStreet #EconomicData 

 https://here.news/story/33a0847c?ver=0.57