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The three primary U.S. stock indices concluded the trading session with mixed results: the Dow Jones Industrial Average advanced by 0.36%, the Nasdaq Composite Index retreated by 0.43%, and the S&P 500 Index experienced a slight dip of 0.09%. Chip stocks sustained their downward trajectory, with Western Digital and Seagate Technology both witnessing declines exceeding 4%. Qualcomm's shares dropped over 3%, while SanDisk saw a decrease of more than 2%. ARM Holdings and NXP Semiconductors both fell by over 1%, and Micron Technology and NVIDIA registered declines of 0.37% and 0.56%, respectively. Notably, Hertz Global Holdings' stock price plummeted by 41%, marking its most significant single-day decline since its initial public offering in the United States.
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