The S&P 500 Index ($SPX) (SPY) today is down -0.95%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.54%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.55%. December E-mini S&P futures (ESZ25) are down -0.97%, and December E-mini Nasdaq futures (NQZ25) are down -1.56%.
US stock indexes extended this week's slide today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 falling to fresh 2-week lows. The weakness in megacap technology stocks and semiconductor makers is weighing on the broader market today. Also, economic concerns are weighing on stocks, following Thursday's report from outplacement firm Challenger, Gray & Christmas, which showed that US companies announced the most job cuts in any October in more than 20 years. Stocks maintained their losses today after the University of Michigan's US Nov consumer sentiment index fell more than expected to a nearly 3.5-year low.
