After hours: chip names slide but rest of US market is quiet
U.S. stock ETF proxies slipped in after-hours trade Wednesday, but losses were lighter than the chip selloff during the main session. SPY last changed hands at $744.85, off 0.12%. QQQ traded at $724.24, down 0.13%. DIA was down 0.13% to $521.72 near 7:52 p.m. ET, according to Investing.com. Nasdaq’s after-hours session runs from 4 p.m. to 8 p.m. ET. Stocks closed lower in the regular session. The Dow dipped 13.96 points, or 0.03%, ending at 52,305.24. The S&P 500 dropped 16.13 points, or 0.22%, to 7,483.23. The Nasdaq Composite finished down 173.69 points, or 0.66%, at 26,040.03. Reuters said chipmakers lagged behind, pulling the Philadelphia Semiconductor Index down 6.3%. Meta Platforms gained 8.8% after a Bloomberg story on a cloud venture.