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Barchart
Rich Asplund

Stocks Weighed Down by Weakness in Chipmakers and Megacap Tech Stocks

Nasdaq SP Dow Jones Dow Jones Industrials Beth Hammack Susan Collins United States Cleveland Fed Goldman Sachs US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is down -1.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.55%.  December E-mini S&P futures (ESZ25) are down -1.05%, and December E-mini Nasdaq futures (NQZ25) are down -1.50%.

US stock indexes are moving lower today as most of the optimism over the reopening of the US government has already been priced in.  The weakness in chipmakers today and a slide in the Magnificent Seven technology stocks are a drag on the overall market.

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