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Barchart

Rich Asplund

Stocks Slide on a Global IT Outage and Chip Stock Weakness

Dow Jones CrowdStrike Holdings Microsoft Cybersecurity United States ECB HAL Intuitive Surgical

The S&P 500 Index ($SPX) (SPY) today is down -0.29%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.43%.

Stock indexes today are moderately lower. The broader market is under pressure today due to disruptions caused to worldwide businesses by a global IT outage. Computer systems at companies and public service organizations worldwide were knocked offline today after a botched update of a widely used cybersecurity program at CrowdStrike Holdings took down Microsoft’s Windows operating systems.

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