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A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. 

Walmart Inc. pledged to support American manufacturers by spending an additional $350 billion on items made, grown or assembled in the U.S. over the next 10 years.

U.S. manufacturing expanded at a slower pace in November, easing back from the strongest reading in two years as orders, employment and production cooled.

U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic continues to wear on the recovery.