Yahoo Finance | EN590 Commodities
EN590 Commodities GroupCrude Oil 2026-07-27T17:13:51+00:00
US stocks seesawed on Monday after a strong open as chip stocks began selling off. Oil prices sank, offsetting tech weakness, as markets entered thebusiest week of the quarter, jam-packed with more Big Tech earnings and a Federal Reserve decision. The Dow Jones Industrial Average (^DJI) gained 0.2%, while the S&P 500 (^GSPC) slipped 0.3%. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.6% after achoppy week sent the indexes lower. Market sentiment wavered as concerns emerged that China could overtake the US in artificial intelligence. Chip stocks made a U-turn afterThe Information reportedthat a Chinese state-backed company began mass-producing a key piece of chipmaking equipment, sending shares of Nvidia (NVDA) and ASML (ASML) down by over 4%. Tech weakness offset some optimism after th
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