The S&P 500 Index ($SPX) (SPY) today is down by -1.01%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.75%. September E-mini S&P futures (ESU25) are down -1.06%, and September E-mini Nasdaq futures (NQU25) are down -1.80%.
Stock indexes today have extended Tuesday’s losses, with the S&P 500 falling to a 1.5-week low and the Nasdaq 100 dropping to a 2-week low. The weakness in the Magnificent Seven technology companies and a selloff in chip stocks are weighing on the overall market. Also, disappointing corporate news is negative for stocks, with Target down more than -7% after forecasting a bigger-than-expected decline in full-year sales. Estee Lauder is down more than -5% after forecasting weaker-than-expected 2026 EPS.
