Chip Stocks Drop Leads S&P and Nasdaq Lower Before Key Inflation Update

On Wednesday, March 13, U.S. stocks mostly fell. Investors sold shares of Nvidia and other semiconductor companies. They waited for producer price data from the U.S. on Thursday. This data will offer new clues on inflation before the Federal Reserve meets next week. The Philadelphia semiconductor index went down by 2.5% after a period of […]

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