Market Close: Chips Weigh on Stocks; Netflix In Line, Gold Below $4K • 7/16/26

I'm Jessica Edinger. CNBC chip makers sold off and dragged the major averages down with them on Thursday. Investors also watching the war with Iran.US crude dipping back below $80 a barrel, but holding near its highest in a month. Diesel fuel in the US has topped $5 a gallon again. The Dow fell 105 points.It was dragged lower by shares of Goldman Sachs down almost 5% Thursday. The S&P 500 index down 38. The Nasdaq down 387 points, just about 1 and a half%.Chip makers in the red Thursday. Micron and Intel an ...