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Barchart
Barchart
Rich Asplund

Broader Market Weakens as Energy and Software Stocks Fall

The S&P 500 Index ($SPX) (SPY) today is down -0.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.69%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.83%. June E-mini S&P futures (ESM26) are down -0.20%, and June E-mini Nasdaq futures (NQM26) are down -0.85%.

Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. The weakness in energy producers from the plunge in crude oil prices is weighing on the broader market. Also, weakness in software stocks is a drag on the overall market. In addition, today’s weaker-than-expected US housing starts and building permits reports are negative for stocks.

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