Wall Street declines as chip stocks and Netflix forecasts weigh on indices
A report indicates a decline in the US stock indicators on Wall Street after being affected by chip company stocks due to investors' negative assessments of the market's rally this year, which was supported by artificial intelligence technology. There are also weak expectations from Netflix. The Dow Jones Industrial Average decreased by 0.24% to 52,426.46 points, the Standard & Poor's 500 dropped by 1.14% to 7,447.52 points, and the Nasdaq declined by 1.81% to reach 25,412.259 points.
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