Business
Semiconductor Market Plummets, Home Builders Cut Prices
The semiconductor market is experiencing a significant downturn, with the PHLX Semiconductor Index dropping nearly 20% from its record high. Meanwhile, home builders in 10 U.S. metro areas are slashing prices on new homes as existing-home prices hit a new record.
Coverage timeline — 2 articles
MarketWatch
Existing-home prices just hit a new record high — but there are plenty of newly built homes selling at a discount, as desperate builders cut prices.
2026-07-16 21:01 UTC
MarketWatch
The PHLX Semiconductor Index hit a record high in late June and has since tumbled nearly 20%
2026-07-16 21:02 UTC