The S&P 500 Index ($SPX) (SPY) today is down by -0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.86%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.90%. December E-mini S&P futures (ESZ25) are down -0.54%, and December E-mini Nasdaq futures (NQZ25) are down -0.90%.
US stock indexes today extended Monday’s slide, with the S&P 500, the Dow Jones Industrial Average, and the Nasdaq 100 falling to 1-month lows. The weakness in technology stocks is weighing on the overall market, with Amazon.com and Microsoft down more than -1% after being downgraded by Rothschild & Co Redburn. Also, Home Depot is down more than -3% after cutting its full-year earnings guidance and warning that consumers are cutting back on big-ticket home improvement purchases. Concerns about lofty tech valuations are also weighing on stocks.
