Why the Market Dipped But Applied Materials (AMAT) Gained Today

Applied Materials (AMAT) closed the latest trading day at $171.09, indicating a +1.73% change from the previous session's end. This change outpaced the S&P 500's 0.32% loss on the day. On the other hand, the Dow registered a loss of 0.71%, and the technology-centric Nasdaq decreased by 0.2%.The the stock of maker of chipmaking equipment has risen by 12.87% in the past month, leading the Computer and Technology sector's gain of 9.33% and the S&P 500's gain of 4.59%.Market participants will be closely followi ...