A Golden Finance report stated that the three major U.S. stock indexes collectively closed lower, with the Dow Jones falling by 0.55%, the Nasdaq falling by 0.18%, and the S&P 500 falling by 0.19%. Chip stocks generally fell, with Intel and Micron Technology falling by over 5%, and Micron Technology, NXP Semiconductors, and Arm Holdings falling by over 2%. AMD fell by nearly 2%. Tesla rose more than 3%, hitting a new high since April 2022. Bank of America raised Tesla’s target price from $350 to $400.
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A Golden Finance report stated that the three major U.S. stock indexes collectively closed lower, with the Dow Jones falling by 0.55%, the Nasdaq falling by 0.18%, and the S&P 500 falling by 0.19%. Chip stocks generally fell, with Intel and Micron Technology falling by over 5%, and Micron Technology, NXP Semiconductors, and Arm Holdings falling by over 2%. AMD fell by nearly 2%. Tesla rose more than 3%, hitting a new high since April 2022. Bank of America raised Tesla’s target price from $350 to $400.