--- title: "Rising Yields, Chip Sector Pullback Send Stocks Lower" type: "News" locale: "en" url: "https://longbridge.com/en/news/286943969.md" description: "Stocks fell as rising yields and a tech sector selloff, particularly in semiconductors, impacted the Nasdaq Composite. President Trump's cancellation of a planned attack on Iran added to negative sentiment. The Dow and S&P 500 also declined, while investors await Nvidia's earnings report. Carrier Global's stock dropped 4%, and Shake Shack rose 5.7% after insider purchases. Fabrinet fell 6.3%, continuing a downward trend despite a strong year-to-date performance." datetime: "2026-05-19T16:17:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286943969.md) - [en](https://longbridge.com/en/news/286943969.md) - [zh-HK](https://longbridge.com/zh-HK/news/286943969.md) --- # Rising Yields, Chip Sector Pullback Send Stocks Lower The tech sector selloff continued into the afternoon, with **semiconductors dragging** the Nasdaq Composite (IXIC) 281 points. President Donald Trump's note that he canceled an attack on Iran and a continuously rising 10-year Treasury yield is also dampening sentiment. The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are notably lower as well, while investors begin to gear up for tomorrow's highly anticipated earnings report out of Nvidia (NVDA). - Another **AI-focused cloud venture** is brewing for Google. - Analyst: SanDisk stock **remains a good bet** for bulls. - Plus, put traders circle CARR; Shake Shack stock gets a boost; and manufacturing giant suffers a steep pullback. **Carrier Global Inc (NASDAQ:CARR)** stock is down 4% to trade at $61.95, headed for a third-straight drop, falling with the broader market. CARR sports a 19% gain for 2026, but bear traders are flocking to the electronics name this afternoon. So far today, more than 10,000 puts have crossed the tape, 17 times the average daily pace. The June 54 put is seeing the most attention, with sell-to-open activity detected. Pacing the New York Stock Exchange (NYSE) this afternoon is **Shake Shack Inc (NYSE:SHAK)**, up 5.7% at $63.09 after a regulatory filing showed that six inside traders purchased $3.2 million worth in shares of the fast food chain. Earlier this month SHAK suffered a 28.3% **post-earnings bear gap**, with today's pop looking to pare back some of these losses, as SHAK carries a 22% deficit for 2026. Optical equipment manufacturer **Fabrinet (NYSE:FN)** is near the bottom of the NYSE, last seen down 6.3% to trade at $656.02. While the catalyst for today's pullback is unclear, FN is on track for a third-straight daily drop and is shaving back some of its 47% year-to-date gain. The ascending 50-day moving average hovers just below, however, a long-term trendline of support for the shares. ### Related Stocks - [SHAK.US](https://longbridge.com/en/quote/SHAK.US.md) - [FN.US](https://longbridge.com/en/quote/FN.US.md) - [CARR.US](https://longbridge.com/en/quote/CARR.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [SNDKV.US](https://longbridge.com/en/quote/SNDKV.US.md) ## Related News & Research - [As chip industry chases AI, U.S. national labs look to newcomers for supercomputers](https://longbridge.com/en/news/286742020.md) - [Fabrinet (FN) Is Up 16.2% After Q3 Beat And Cautious Q4 Outlook - What's Changed](https://longbridge.com/en/news/286651981.md) - [Nvidia’s AI Lead Is Back in Focus as Wolfe Research Doubles Down](https://longbridge.com/en/news/286680544.md) - [Nvidia Will Report Q1 Earnings on May 20 — Options Traders Expect an 8.65% Move in NVDA Stock](https://longbridge.com/en/news/286763191.md) - [NVIDIA CEO Jensen Huang at Dell Technologies World: “Demand Is Going Parabolic, Utterly Parabolic”](https://longbridge.com/en/news/286825813.md)