Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Stocks Erase Early Gains on Weakness in Mega-Cap Tech Stocks

ECB United States Apple Goolsbee Nvidia Philadelphia Fed US Federal Reserve Chicago Fed DR Horton

The S&P 500 Index ($SPX) (SPY) today is down -0.39%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.60%.

Stock indexes today gave up an early advance and turned lower due to weakness in mega-cap technology stocks. Stocks today initially opened higher, with the Dow Jones Industrials posting a new record high, on a rebound in chip stocks after Taiwan Semiconductor Manufacturing Co, provider of chips to Apple and Nvidia, reported better-than-expected Q2 results and lifted projections for 2024 revenue growth.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Mariah Carey wins dismissal of brother’s defamation lawsuit over her memoir
Morgan Carey sued his sister over claims in her 2020 memoir, The Meaning of Mariah Carey, which he said falsely portrayed him as a violent drug dealer
The Guardian - AU
The Guardian - AU
Kanye West And Bianca Censori Hit With Fierce Backlash Over Her Latest Fishnet Look: “Humiliating His Wife”
Bianca Censori’s latest revealing appearance with Kanye West has revived years of speculation about their relationship, despite her insisting that her provocative outfits are entirely her choice.
Bored Panda
Bored Panda
Man says his fiancée doesn’t think what he did was technically cheating, but she still ended their 4-year relationship
Two calls reportedly ended it all.
We Got This Covered
We Got This Covered
That Dryer Sheet in Your Mailbox Isn’t Trash — Here’s Why It May Be There
A dryer sheet tucked inside a mailbox can look like a piece of laundry that took a wrong turn. Yet someone may have placed it there deliberately, hoping to discourage insects, spiders, or other unwanted visitors. The idea circulates widely among homeowners, but the explanation deserves a closer look.
Clever Dude
Clever Dude
Wisconsin’s House on the Rock is unlike a typical museum. Here are the strange sights waiting inside
House on the Rock in Wisconsin features an unusual collection of giant installations and mechanical displays. Visitors can explore a notable indoor carousel that showcases intricate craftsmanship and detail without the option to ride. The attraction also includes an Infinity Room that stretches dramatically over the valley, enhancing the viewing…
The Economic Times
The Economic Times
Christian Man Has Bizarre Meltdown After Neighbor’s Halloween Decoration Scares Toddler
“Christian conservatives, we gotta get one thing clear. You can do what you want, but you gotta stop demanding everyone else to change,” a netizen said.
Bored Panda
Bored Panda
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play