Woofun AI data shows that U.S. equity markets closed with divergent performance on July 3, as the Dow Jones Industrial Average rose 1.1% to a new closing high while the S&P 500 declined slightly and the Nasdaq Composite fell 0.8%. June non-farm payroll figures indicated economic slowdown, reducing expectations for immediate Federal Reserve rate hikes, yet skepticism regarding artificial intelligence return on investment triggered selling pressure that dragged the Nasdaq 100 down more than 2% intraday.

The semiconductor industry experienced consecutive days of sharp declines, with the Philadelphia Semiconductor Index dropping over 11% in two trading sessions. Individual stock losses included Nvidia down 1.39%, Taiwan Semiconductor ADR down 2.27%, Micron Technology down 5.49%, Marvell Technology down 9.84%, Western Digital down 9.92%, Seagate Technology down 10.38%, and Sandisk plummeting 14.13%.