US STOCKS-S&P 500 ends down as chip stocks give up gains
Published on: May 8, 2026, 1:34 a.m. | Source: Devdiscourse
The S&P 500 ended lower on Thursday, with Intel and other chip stocks retreating after a recent rally, while uncertainty around U.S.-Iran peace talks weighed on the wider market. A relentless rally in technology and AI shares has helped push U.S. stocks to record highs in recent days as investors cheer signs of strong demand for artificial intelligence and a robust earnings season.
