S&P 500, Dow dip as Middle East concerns persist; chips rally

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S&P 500, Dow dip as Middle East concerns persist; chips rally
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Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index f...

The tech-heavy Nasdaq remained buoyant as chipmakers resumed their strong rally from 2019 on the back of positive company updates.

After a record-setting New Year, last week’s U.S. drone strike that killed Iran’s Qassem Soleimani jolted global stocks that have been attempting to stabilize. “There will likely be a retaliation, but hopefully the impact on the overall global economy, specifically the U.S. will not be enough to slow it down.”

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