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Barchart
Barchart
Rich Asplund

Stocks Mostly Lower as Chipmakers Remain Under Pressure

The S&P 500 Index ($SPX) (SPY) today is down -0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.56%.

Stocks today are mostly lower, with the Nasdaq 100 posting a 3-week low.  Chip stocks today added to Tuesday’s sharp losses to drag the broader market lower. Stocks also slid after the US July trade deficit widened to a 2-year high, a negative factor for Q3 GDP. 

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