The S&P 500 Index ($SPX) (SPY) today is down -0.52%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.08%. March E-mini S&P futures (ESH26) are down -0.58%, and March E-mini Nasdaq futures (NQH26) are down -1.09%.
Stock indexes are under pressure today due to weakness in the Magnificent Seven technology stocks, which are weighing on the broader market. Also, Cisco Systems is down more than -10% after saying that higher memory-chip prices are expected to eat into its profitability. In addition, trucking and logistics companies are selling off today.
