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Barchart
Barchart
Rich Asplund

Stocks Fall Despite Dovish CPI Due to Weakness in Chip Stocks

The S&P 500 Index ($SPX) (SPY) today is down -0.35%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%.

Stock indexes today are mixed, with the Dow Jones Industrials posting a 7-week high.  Today's decline in chip stocks knocked the S&P 500 from a new record high and is weighing on the Nasdaq 100 and the broader market.  Also, airline stocks are under pressure today after Delta Air Lines forecast Q3 adjusted EPS below consensus.

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