Dow's Rise, S&P 500 and Nasdaq's Fall on Chip Stocks Slide Amid AI Jitters

Markets are closely watching technology companies' struggle to cope with high prices and risk perceptions. Chip leader TSMC's strong second-quarter earnings and warning of higher prices added to concerns. Meanwhile, investors are also focused on oil price movements and the US's military strikes on Iran. US retail sales were interesting in response to soaring oil prices. US jobless claims were lower than expected.

Market Performance

■Dow Jones Industrial Average: +%0.28

■S&P 500: -%0.10

■Nasdaq Composite: -%0.71

Chip Stocks Slide

■TSM: -%1.78

Company Reports

■TSMC: Second-quarter earnings were a record, but the company struggled with high prices and risk perceptions

■UnitedHealth Group: Second-quarter earnings beat expectations

■GE Aerospace: Second-quarter earnings beat expectations

■Netflix: Second-quarter earnings fell short of expectations

Oil Prices

■Oil price movements are grabbing investors' attention

■US military strikes on Iran are affecting oil prices

Economy

■US retail sales failed to respond to soaring oil prices

■US jobless claims were lower than expected

Conclusion

■Markets are closely watching technology companies' struggle to cope with high prices and risk perceptions

■US politics are impacting oil prices

■US economy failed to respond to soaring oil prices