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Multiple semiconductor companies and exchange-traded funds recorded losses during trading. The declines ranged from 2.8 percent to 13.5 percent across individual stocks and sector funds.
A broad selloff reduced share prices across semiconductor companies and related exchange-traded funds. Trading data showed percentage losses for several major chipmakers and equipment suppliers. The same session produced corresponding declines in three semiconductor-focused ETFs.
The reported losses included double-digit drops for some names and single-digit declines for others. Two ETFs tracking the sector posted losses above 6 percent. No company statements or regulatory filings were referenced in the trading summary.
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usatoday.comThe Trump administration withdrew grand jury subpoenas issued to three Wall Street Journal reporters and one from The Washington Post after the news organizations objected. The subpoenas sought active testimony in a national security leaks probe in Virginia.
abcnews.go.comGen. Chris Donahue submitted his resignation on Tuesday from his post as commanding general of U.S. Army Europe and Africa. The retirement takes effect in July after he led the final U.S. departure from Afghanistan in 2021.
america.cgtn.comThe Treasury secretary told CNBC that U.S. economic output could reach a level beginning with 3 this year. The comment came during a discussion of current growth prospects.