US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh

Economic Times ·
India Business & Economy

US stock indices slid on Thursday as crude oil prices surged, prompted by intensifying Middle East tensions. Major benchmarks, including the S&P 500 and Nasdaq Composite, saw a drop that illustrates growing investor jitteriness. The chip sector struggled after a revenue target cut for OpenAI was disclosed, amplifying market fluctuations.

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