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The U.S. stock market slipped under the weight of sinking technology stocksBy The Associated PressThe U.S. stock market slipped under the weight of sinking technology stocks.The S & P 500 dipped 0.5% Wednesday, its fifth drop in the last six days. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite fell 1.5%. Most stocks within the S & P 500 rose, but the index sank as Advanced Micro Devices and other influential tech stocks fell. AMD dropped even though the chip company reported a stronge ...

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Market Performance - The S&P 500 rose 0.3%, breaking a two-day losing streak and moving closer to its all-time high set on Monday [1] - The Dow Jones Industrial Average increased by 0.6%, while the Nasdaq composite climbed 0.2% [1] - The S&P 500 closed at 6,944.47, the Dow at 49,442.44, and the Nasdaq at 23,530.02 [2] Economic Indicators - Oil prices eased sharply, contributing to market stability amid hopes for calming tensions in Iran [2] - Treasury yields and stocks of smaller companies rose following positive reports on the U.S. economy [2] Weekly and Yearly Performance - For the week, the S&P 500 is down 0.3%, the Dow is down 0.1%, and the Nasdaq is down 0.6%, while the Russell 2000 index of smaller companies is up 1.9% [3] - Year-to-date, the S&P 500 is up 1.4%, the Dow is up 2.9%, the Nasdaq is up 1.2%, and the Russell 2000 is up 7.8% [3] Company-Specific Insights - Nvidia and other high-flying tech stocks contributed to the market's lift following strong profits and investment plans reported by Taiwan Semiconductor Manufacturing Co., a key supplier in the industry [1]

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Core Insights - The US stock market has achieved a double-digit total return since last Thanksgiving despite various challenges, including the "tariff crash" in April [3] Group 1 - The US stock market has shown resilience amid fluctuations over the past year [3] - The "tariff crash" in April was a significant event impacting market performance [3] - The overall performance indicates a positive trend in the stock market despite economic uncertainties [3]

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Alarm bells are ringing for analysts who study chart patterns in the US stock market, fueling concern that the latest dip could swell into a full-blown correction of at least 10% https://t.co/7dsCM7pzbz ...

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