The S&P 500 Index ($SPX) (SPY) this morning is down -0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.28%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.50%.
Stock indexes this morning are mildly lower on some negative corporate news. United Airlines Holdings is down more than -5% on a report that said the Federal Aviation Administration is considering putting temporary sanctions on the company, including preventing it from adding new routes, following a series of safety incidents. Also, Intel and Advanced Micro Devices are down more than -2% after a Financial Times report said that China is seeking to limit the use of US-made microprocessors and servers in government computers. In addition, Apple, Alphabet, and Meta Platforms are down more than -1% as they face the risk of fines after the European Union opened a full-blown investigation into the companies’ compliance with new laws under the Digital Markets Act.
