Wall Street sees mixed performance; Dow rises 0.3%, Nasdaq falls 0.8% as AI stocks slide

US stocks traded mixed on Tuesday as technology shares faced pressure. Declines in artificial intelligence and semiconductor stocks weighed on the Nasdaq Composite. The S&P 500 also slipped, while the Dow Jones Industrial Average saw gains. This weakness followed a sharp sell-off in Asian markets, particularly South Korea's Samsung Electronics. Oil prices moved higher after a tanker incident in the Strait of Hormuz.

Jul 7, 2026 - 23:30
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Wall Street sees mixed performance; Dow rises 0.3%, Nasdaq falls 0.8% as AI stocks slide
US stocks traded mixed on Tuesday as technology shares faced pressure. Declines in artificial intelligence and semiconductor stocks weighed on the Nasdaq Composite. The S&P 500 also slipped, while the Dow Jones Industrial Average saw gains. This weakness followed a sharp sell-off in Asian markets, particularly South Korea's Samsung Electronics. Oil prices moved higher after a tanker incident in the Strait of Hormuz.

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