US stock indices fall on technology and semiconductor weakness

Major US stock indices closed lower following a sell-off in technology and semiconductor stocks. The Dow Jones Industrial Average fell 0.22%, the S&P 500 dropped 0.69%, and the Nasdaq Composite declined 1.33%.

The semiconductor sector experienced significant volatility, with the Philadelphia Semiconductor Index falling 4.98%. Notable declines were seen in SK Hynix ADR, Micron Technology, and Intel.

In contrast, healthcare, energy, and some financial stocks provided relative support. Companies such as Eli Lilly, Johnson & Johnson, ExxonMobil, and JPMorgan Chase showed resilience or gains during the session.