S&P 500 slides 1%; U.S. Semiconductor Index sinks 2.8%

June 10 — Market data showed U.S. equities closed lower, with the S&P 500 down 1% and the Nasdaq off 1.3%. The U.S. Semiconductor Index dropped 2.8%. Arm fell more than 4%, Micron Technology declined 2.4%, Intel eased 0.8%, and NVIDIA slid 2.4%.