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Barchart
Barchart
Rich Asplund

Stock Indexes Rebound as Investors Rotate Out of Chip Stocks

The S&P 500 Index ($SPX) (SPY) is up by +0.13% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +1.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.57%. December E-mini S&P futures (ESZ26) are up +0158%, and December E-mini Nasdaq futures (NQZ26) are down -0.54%.

Stock indexes are mixed today, with the Nasdaq 100 dropping to a 3.5-week low. Stocks recovered from early losses today to trade mixed as bond yields fall and as investors rotate out of chip stocks into software and pharmaceutical companies.

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