The three major U.S. stock indexes collectively closed lower, with the Dow down 0.21%, the Nasdaq down 0.56%, and the S&P 500 index down 0.33%. Chip stocks fell across the board, with AMD down more than 10%, Qualcomm and ASML Holding down over 4%, Intel down more than 2%, Nvidia and Taiwan Semiconductor down over 1%. Donald Trump concept stocks weakened, with Trump Media & Technology Group falling over 22%, Phunware down more than 14%, and Rumble down over 8%. Google rose nearly 3%, with cloud business revenue increasing by 35% year-on-year. Eli Lilly and Co. dropped nearly 7%, with third-quarter revenue below expectations.