تتسبب الرقائق في تقليص مكاسب سوق الأسهم مرة أخرى

The Nasdaq’s early gains didn’t last long, and you can probably guess the culprit.

The Nasdaq Composite was back down 0.2% after popping at the open. The S&P 500 was up 0.4%. The Dow Jones Industrial Average was up 300 points, or 0.6%.

Chip stocks were once again a big laggard. The iShares Semiconductor ETF tumbled 2.9% after opening higher. It’s the latest sign that traders aren’t too comfortable chasing chip stock momentum and are content to take short-term profits at any sign of a pop.