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Barchart
Barchart
Rich Asplund

Signs of an Economic Slowdown Weighs on Stocks

The S&P 500 Index ($SPX) (SPY) today is down -0.49%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.25%.

U.S. stock indexes this morning are moderately lower on economic concerns after today’s reports on Mar ADP employment and Mar ISM services point to a slowdown in the economy.  Also, weakness in chipmakers is leading technology stocks lower after Japan joined the U.S. and Netherlands in restricting exports of chipmaking gear to China.  However, a more than +3% jump in Johnson & Johnson limits losses in the Dow Jones Industrials.  

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