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DJIA Slips 200 Pts at Close; Tesla Up ~3% Against Mkt Trend
The market awaited this week's US inflation data, and US President Donald Trump will reportedly extend the tariff deadline on China by 90 days, leading to a volatile decline in US stocks on Monday.

The DJIA slid 200 points or 0.5% to close at 43,975. The S&P 500 finished down 16 points or 0.3% at 6,373. The Nasdaq fell 64 points or 0.3% to 21,385.

NVIDIA (NVDA.US) and AMD (AMD.US) purportedly agreed to pay the US government 15% of their revenue from AI chip sales in China. Trump also stated his willingness to approve NVIDIA's sale of a simplified version of the Blackwell chip to China, with both stocks slightly down by 0.3%.

Apple (AAPL.US) snapped its three-day upswing, closing down 0.8%. Tesla (TSLA.US) jumped up 2.9%. Meta (META.US) fell 0.5%.

Intel (INTC.US) soared 3.5%, reportedly due to CEO Lip-Bu Tan's upcoming meeting with Trump. Micron (MU.US) raised its quarterly revenue and earnings forecast, with shares surging about 4%.
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