S&P 500 Near Flat as Chip Stocks Extend Losses
The S&P 500 was near flat Tuesday as the PHLX chip index fell 1.2%, its fifth straight decline. Investors also parsed mixed quarterly results from Citigroup and other major U.S. banks.
The S&P 500 was little changed on Tuesday as chip stocks extended their recent declines and investors weighed mixed quarterly results from Citigroup and other major US banks. 2%, marking its fifth consecutive session of losses, after Broadcom (NASDAQ:A…