The Dow Jones reached an all-time intraday high, while the semiconductor index fell by about 6.3% from its historical peak.
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Among the component stocks, UnitedHealth rose by 5.7%, Merck by 4.4%, American Express by 4%, Visa by 3.5%, Boeing by 2.6%, and Goldman Sachs by 2.4%. The Philadelphia Semiconductor Index fell by more than 6.29%, hitting a new intraday low and approaching the 13,000-point mark, retreating from the historic high set on June 3. Broadcom maintained a drop of over 15%, steady near the intraday low at $403.01; Arm Holdings fell by 7.3%, Micron Technology by 7.2%, Coherent by 5.9%, Lumentum by 5.8%, ASE Semiconductor by 5.1%, UMC by 5%, Rambus by 4.8%, AMD by 4.7%, Silicon Motion Technology by 4.1%, STMicroelectronics ADR by 4.2%, Qualcomm by 4%, Semiconductor Sector ETF by 3.9%, Semiconductor ETF by 3.3%, and Analog Devices by 2.8%.
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