Tuesday Market Weakness: Cigarettes & Tobacco, Semiconductors

On Tuesday, shares in the cigarettes and tobacco sector fell by approximately 1.8%, with Philip Morris International dropping 6.8% and Turning Point Brands declining by 2%. Simultaneously, semiconductor stocks declined by about 1.2%, primarily led by Applied Optoelectronics, which fell 7.7%, and Astera Labs, down 6.8%.