Market Summary U.S. equities closed lower, led by another sharp sell-off in semiconductor stocks, which outweighed stronger-than-expected economic data and a solid start to the second-quarter earnings season. While technology shares came under pressure due to profit-taking and valuation concerns following TSMC’s strong earnings, strength in healthcare stocks helped limit losses in the Dow. Economic […]

Market Summary U.S. equities closed higher as investor sentiment was supported by softer-than-expected U.S. inflation data and another strong round of second-quarter bank earnings, which outweighed weakness in semiconductor stocks. Economic data also provided a positive backdrop after the June Producer Price Index (PPI) unexpectedly declined on a monthly basis, following Tuesday’s softer Consumer Price […]