The S&P 500 Index ($SPX) (SPY) today is down -0.46%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.04%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.28%. September E-mini S&P futures (ESU26) are down -0.40%, and September E-mini Nasdaq futures (NQU26) are down -1.30%.
Stock indexes are under pressure today, with the Nasdaq 100 falling to a 1-week low. The weakness in chipmakers and AI-infrastructure stocks is dragging the overall market lower today. Chipmakers are sliding today on negative carryover from a -6% plunge in South Korea’s Kospi Index, which was weighed down by sharp losses in SK Hynix and Samsung Electronics. While most chipmaking-related stocks are trading lower, technology laggards such as software stocks are climbing as investors rotate into underperforming sectors.
