All three major U.S. stock indexes open lower, chip stocks collectively decline
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Jinse Finance reported on May 15 that the three major U.S. stock indexes opened lower collectively. The Dow Jones Industrial Average fell by 0.66%, the S&P 500 Index dropped by 0.89%, and the Nasdaq Composite Index decreased by 1.33%. Chip stocks experienced a broad decline, with Intel and Micron Technology both falling over 5%, and NVIDIA dropping more than 2%. On the news front, escalating labor strikes at Samsung have sparked market concerns.
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