Wall St ends mostly lower as chipmakers ease


The Dow rose 37.83 points, or 0.1%, to 39,043.32. The S&P 500 lost 9.96 points, or 0.19%, at 5,165.31 and the Nasdaq dropped 87.87 points, or 0.54%, to 16,177.77.

NEW YORK: The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for producer price data and further clues on the inflation trend ahead of next week's Federal Reserve meeting.

An index of semiconductors eased 2.5% after recent strong gains, but was up 17% for the year to date. Shares of Nvidia, which have led the recent rally fueled by optimism about artificial intelligence, fell 1.1%.

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