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US markets end lower amid weakness among tech stocks

18 Dec 2025 Evaluate

The US markets ended lower on Wednesday as renewed weakness among technology stocks weighed on market sentiments. Tech stocks came under pressure after reports indicated that Oracle’s largest data center partner Blue Owl Capital will not back a $10 billion deal for its next facility in Michigan. Further, share of big tech companies like Broadcom, Advanced Micro Devices and Nvidia showed significant moves to the downside. The semiconductor stocks faced significant selling pressure as reflected by 3.8 percent loss in Philadelphia Semiconductor Index. Besides, traders awaited for release of report on consumer price inflation as it could impact the Federal Reserve’s outlook for interest rates.

On the sectoral front, considerable weakness was visible among computer hardware stocks, with the NYSE Arca Computer Hardware Index tumbling 3.1 percent. Moreover, networking stocks moved significantly lower, while airline, brokerage and housing stocks also saw notable weakness outside the tech sector.

Dow Jones Industrial Average slid 228.29 points or 0.47 percent to 47,885.97, Nasdaq tumbled 418.14 points or 1.81 percent to 22,693.32 and S&P 500 slumped 78.83 points or 1.16 percent to 6,721.43.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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