Stocks Finish Lower as Chipmakers and AI Stocks Fall

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The S&P 500 Index ($SPX) (SPY) closed down by -0.69% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -1.68%. E-mini S&P futures (ESU26) fell -0.69%, and September E-mini Nasdaq futures (NQU26) fell -1.67%. Stock indices settled lower on Tuesday, with the S&P 500 and the Dow Jones Industrial Average falling to 2-week lows, and the Nasdaq 100 sliding to a 1.5-week low. The rout in chipmakers and AI-infrastructure stocks on Tuesday weighed on the broader market. Also, rising crude oil prices bolstered inflation concerns and…

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