US stocks end lower; chip stocks have biggest daily drop since July 1

U.S. STOCKS END LOWER; CHIP STOCKS HAVE BIGGEST DAILY DROP SINCE JULY 1The three major U.S. stock indexes ended lower on Monday, with technology SP:S5INFT leading declines following a selloff in chip stocks.The PHLX Semiconductor Sector index NASDAQ:SOX finished down 5.9% in its biggest daily perce…