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FinanceWall Street ends lower for day and week as chip selloff broadens
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Wall Street closed lower on Friday, July 17, 2026, with all three major indices declining for both the day and the week. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to 52,146.42. The broader market decline was driven by a broadening selloff in semiconductor stocks, which weighed on investor sentiment. The losses extended a week-long downturn, reflecting ongoing concerns in the tech sector. The article, published by The Business Times Singapore, highlights the negative performance across the board as chip stocks continued to drag down the market.
Source report
All three major indices closed lower on Friday
Published: Sat, Jul 18, 2026 · 07:40 AM
NEW YORK – Wall Street extended its decline on Friday (Jul 17) as a pullback in semiconductor stocks widened, dragging all three major indices lower for both the day and the week.
- The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to 52,146.42.
- The S&P 500 and Nasdaq Composite also closed in negative territory, reflecting broad-based selling pressure driven by the deepening chip sector rout.
The selloff marked a challenging end to the trading week, with investors reacting to ongoing weakness in technology and semiconductor shares.
Source
The Business TimesRegional
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