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US Stocks Drop as Semiconductor Rout Batters Market

The S&P 500 Index slipped on Tuesday, while a decline in chipmakers dragged tech-focused indexes sharply lower. Traders were awaiting key mega-cap tech earnings and the Federal Reserve’s interest-rate decision later this week.

US Stocks Drop as Semiconductor Rout Batters Market

The S&P 500 Index slipped on Tuesday, while a decline in chipmakers dragged tech-focused indexes sharply lower. Traders were awaiting key mega-cap tech earnings and the Federal Reserve’s interest-rate decision later this week.

Macro Bloomberg Jul 28, 2026

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