uniform decline: How did major benchmarks fare The Dow Jones Industrial Average DJIA, 0.77% fell 84.10 points, or 0.3%, to 25,679.90, the S&P 500 index SPX, 0.85% declined 19.30 points, or 0.7%, to 2,840.23, while the Nasdaq Composite Index COMP, 1.08% dropped 113.91 points, or 1.5%, to 7,702.38, according to Market Watch. What drove the market Sino-U.S. trade tensions continued to escalate, with shares of chip makers taking it on the chin as U.S. technology companies have begun to comply with the White House's ban on China's Huawei Technologies Inc. A uniform decline in blue-chip tech names such as Apple Inc., Intel Corp. and Cisco Systems Inc. highlighted the vulnerability of some of the market's most valuable companies to the adverse impact of the prolonged trade fight. Bloomberg News reported Sunday that Xilinx XLNX, 4.63%XLNX, 4.63% and other U.S. chip makers, including Intel INTC, 2.07% Qualcomm Corp. AVGO, 1.01% have frozen the supply of critical software and hardware components to Huawei. QCOM, 1.47% and Broadcom Inc.
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