US Stocks Fall as Crude and Chips Decline
US stocks ended lower as crude prices surged due to Middle East tensions and US supply cuts. Semiconductor shares slumped following reports about OpenAI revenues and tech debt concerns.
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United States stocks dipped during Thursday's afternoon session as crude prices surged on escalating Middle East tensions and domestic production cuts. The Nasdaq Composite led the declines with a 1.25% drop following a record closing high two days prior.
