The Nasdaq and the S&P 500 slipped on Tuesday as chip stocks declined, with investors questioning the momentum of the AI-led rally.
At the opening bell, the Dow Jones Industrial Average rose 48.1 points, or 0.09%, to 53104.06. The S&P 500 fell 20.8 points, or 0.28%, to 7516.63, while the Nasdaq Composite dropped 161.0 points, or 0.62%, to 25960.13.
