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Tech stocks, along with tobacco giant Philip Morris, dragged indexes lower on Thursday.
The selling pressure stemmed from disappointing earnings guidance from Taiwan Semiconductor.
Tesla investors are paying close to the highest premium on record to hedge against a 10% decline in the company's stock.
Stocks close higher as markets shift their attention from geopolitical turmoil to corporate earnings
The S&P 500 hit its highest level in almost a month on Monday, as investors focused on earnings reports.
Geopolitical tensions and inflation data pushed stocks lower on Wednesday.
President Donald Trump roiled markets once again Wednesday with tweets that escalated tensions with Russia, erasing recent gains.
President Donald Trump tweeted early Wednesday morning for Russia to "Get ready" for the US to attack Syria.
As trade tensions eased, US stocks made a comeback after a chaotic week.
The Dow Jones industrial average nearly erased its 400-point gain.
The March jobs report fell into an investor sweet spot that should've sent stocks soaring, but President Donald Trump's recent trade war comments derailed that.