Wall Street ended yesterday’s trading session on a mixed note. While the benchmark S&P 500 and Dow Jones Industrial Average indices ended in positive territory amid sliding oil prices, tech-heavy Nasdaq slipped as plummeting chip stocks weighed on it. 

The oil price drag followed a Reuters report, which stated that Iran would pause military attacks if the United States continued its own pause. On the other hand, chip stocks came under notable pressure after The Information reported that China had begun developing deep ultraviolet lithography machines, which are used to build semiconductors (as cited in CNBC).

This added further uncertainty for investors, particularly those already spooked by massive AI…