India, July 7 -- A mixed session was seen on Wall Street on Tuesday as market players moved away from tech stocks even though the Dow Jones Industrial Average set a new high once again. The selling pressure in the chipmakers following Samsung Electronics' quarterly report affected the Nasdaq Composite Index as well as the S&P 500. Even as Samsung delivered an amazing increase of 19 times its second-quarter operating profit due to booming AI demand, doubts emerged as to whether such huge investments in AI could be maintained for long.

The cautious sentiment was heightened due to the increase in oil prices following the re-emergence of political tensions in the Strait of Hormuz region, alongside anticipation of new cues from the Fed on int...