US stocks close mixed as Nvidia, Intel rally keeps chip trade alive

Core Viewpoint - After a volatile trading session on Monday, US stock markets stabilized on Tuesday, with indices showing little movement as they consolidated gains from previous sessions [1] Group 1 - US stocks experienced sharp swings on Monday, indicating high volatility in the market [1] - On Tuesday, the markets traded in a flat territory, suggesting a period of consolidation following the previous day's fluctuations [1] - The overall sentiment on Tuesday was focused on maintaining and solidifying the gains achieved earlier in the week [1]