US Stocks Fall for Third Day as Semiconductor Shares Erase Recovery

NVIDIA (NVDA) fell 6.3% in the last 24 hours to $220.63, reflecting broad weakness in the semiconductor sector. The RSI at 43.35 has dipped below neutral territory but has not yet reached oversold levels, suggesting selling pressure may persist. The MACD line is below the signal line and in negative territory, confirming weak momentum. The stock is trading below its 20-day and 50-day moving averages, painting a bearish short-term outlook. Headlines highlight a three-day decline in US equities and the erasure of a recovery in semiconductor stocks, posing further downside risk for NVDA.

AMD shares have declined more than 7% in the last 24 hours, falling to the $414 level. While the RSI at 44 is near neutral territory, the MACD indicator remains in negative territory and below its signal line, confirming weak momentum. The price has fallen below the 20-day simple moving average ($419), while the 50-day moving average ($437) acts as resistance above. The headline suggests continued weakness in the semiconductor sector, with recovery efforts being erased. Short-term selling pressure may persist, but since the stock has not entered oversold territory, the pace of decline could moderate.

The headline indicates that the recovery in the semiconductor sector has faded, with stocks declining for a third consecutive day. INTC shares fell 4.8% in the last 24 hours, trading at $110.77, below the 50-day moving average of $115.44. While the RSI at 50.6 remains in neutral territory, the MACD line is below the signal line and in negative territory, signaling short-term weakness. Support may be found near the 20-day SMA ($108.15), but with overall momentum bearish, the downtrend could persist.