Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTRich AsplundTue, July 7, 2026 at 10:36 PM GMT+2 7 min readThe S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.45%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.77%. September E-mini S&P futures (ESU26) fell -0.52%, and September E-mini Nasdaq futures (NQU26) fell -1.76%. Stock indexes settled lower on Tuesday, with the Nasdaq 100 falling to a 1-week low. The broader market was under pressure on Tuesday amid a selloff in chipmakers, following Samsung Electronics' blowout earnings that failed to impress. Samsung, the world's largest memory maker by market value, closed down more than -8% in South Korea today even after profit surged 19-fold. Semiconductor stocks are facing heightened scrutiny amid lofty valuations as investors question whether hundreds of billions of dollars in spending on artificial intelligence can be sustained. More News from BarchartNasdaq Futures Plunge as Samsung Sparks Chip SelloffAbbVie vs Eli Lilly: 1 Is Clearly the Better Dividend Stock to Buy and Hold for the Next 10 Years