The S&P 500 Index ($SPX) (SPY) today is down by -0.08%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.48%.
Stocks today are mixed. Chip stocks remain under pressure today from Tuesday’s rout, with ASML Holding NV down more than -5%, adding to Tuesday’s -16% plunge, after CEO Fouquet said he expects a slow chip market recovery to extend “well into 2025.” Also, Intel is down more than -3% after the Cyber Security Association of China suggested that cybersecurity checks be conducted on Intel’s products sold in China.
