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Chip Stocks Cut Gains as S&P 500 Ends Lower

Oil edged higher as Middle East tensions continued while the S&P 500 finished lower.

Reported · Written up by our desk · Indices

Chip related stocks pared gains as the broader market moved lower, according to WSJ Markets.

Oil also edged higher as Middle East tensions continued, even as the S&P 500 ended the session lower.

The S&P 500 finished lower despite the earlier intraday gains in chip stocks.

WSJ Markets’ market wrap highlighted the contrasting moves between the chip complex and oil amid ongoing regional tensions.

Latest closeS&P 500 7,533.77 ▼0.5%

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