economy
S&P 500 notches longest losing streak in 10 months as chipmakers slide
Software stock-led recovery proves fleeting as Wall Street’s main indices fall for fifth consecutive session
TL;DR
- Wall Street indices fell for the fifth consecutive session.
- A recovery led by software stocks proved to be short-lived.
- The S&P 500 experienced its longest losing streak in 10 months.
- Chipmaker stocks contributed significantly to the market's decline.