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The Nasdaq's Rough Day: When Good News Is Bad News for Market Indexes

The Motley Fool·
The Nasdaq's Rough Day: When Good News Is Bad News for Market Indexes

Samsung Electronics reported impressive earnings with 129% revenue growth and a 19-fold profit surge, but investors treated the results as a peak signal for AI demand, triggering a broad semiconductor sector selloff. The Nasdaq Composite fell 1.3% as major chip stocks declined sharply, while the S&P 500 and Dow showed more resilience. SpaceX also fell on its debut as a Nasdaq-100 component, and oil prices rallied following a tanker incident in the Strait of Hormuz.

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