S&P 500, Nasdaq decline amid chip stock weakness, inflation fears

By EC Assets · Published 19 May 2026 · Updated 28 May 2026

The S&P 500 and Nasdaq indices opened lower on Tuesday, impacted by a decline in chip stocks. Inflation concerns continued to weigh on market sentiment. The movements occurred despite earlier flat trading in futures for the Dow, S&P 500, and Nasdaq amid persistent inflation worries. US stock markets have also recently experienced volatility due to fresh inflation data and Federal Reserve jitters. Earlier in the week, the S&P 500 and Nasdaq experienced declines. These were attributed to ongoing inflation concerns and tensions in the Middle East. Some market movements have been upward, however. The S&P 500 and Nasdaq previously rose due to a technology rally following inflation data releases. Geopolitical factors, such as Middle East tensions, remain a focus for investors. Investors are monitoring upcoming inflation data. The first-quarter earnings season is also winding down. These will provide further insights into economic conditions and corporate performance. This article is intended for informational purposes only. It does not constitute investment advice.