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The three major U.S. stock indices collectively declined, with the Nasdaq falling by 1.26% intraday.

BlockBeats news, September 10th, according to BIT (Bit.com) market data, expectations of a Federal Reserve interest rate hike have intensified, and the three major U.S. stock indices collectively fell during intraday trading, with the Dow Jones Industrial Average dropping 0.44% for the day, the Nasdaq falling 1.26% for the day, and the S&P 500 Index declining 0.64% for the day. Chip stocks weakened collectively, with SK Hynix (SKHY.O) down 4.1%, Intel (INTC.O) down 3%, SanDisk (SNDK.O) down 3.2%, and TSMC (TSM.N) down 1.7% after earnings.

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