Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

INSANE: Stocks fall sharply on tech sector weakness and disappointing us payrolls | Rare Historical Photos

On United States US Federal Reserve Waller Williams Broadcom JPMorgan Chase New York Fed

The S&P 500 Index ($SPX) (SPY) Friday closed down -1.73%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -2.69%.

Stocks sold off sharply Friday, with the S&P 500 falling to a 3-1/2 week low, the Dow Jones Industrials sliding to a 3-week low, and the Nasdaq 100 dropping to a 4-week low.  Weakness in chip stocks weighed on the overall market Friday, led by a -10% plunge in Broadcom after it gave disappointing guidance on Q4 revenue. Also, a slump in megacap technology stocks was a drag on the broader market.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
7 Foods You’re Probably Storing in the Wrong Part of Your Refrigerator
You bring groceries home, put everything away, and assume your refrigerator is doing its job. But where you place certain foods can affect how long they stay fresh, how quickly they spoil, and whether their juices can contaminate other items. Many refrigerators have warmer door compartments, humidity-controlled drawers, and shelves…
Grocery Coupon Guide
Grocery Coupon Guide
59 Times Halloween Didn’t Go As Planned, But At Least The Photos Were Funny
Halloween costumes are supposed to bring creative ideas to life, but sometimes the results are far from what anyone imagined. From DIY disasters and questionable character recreations to homemade outfits that miss the mark entirely, these costume fails prove that not every spooky-season experiment goes according to plan. While some…
Bored Panda
Bored Panda
Why Labradors get fat so easily: the gene behind their constant hunger
Most dogs slow down at the food bowl eventually. Labradors, as a breed, often do not. Owners describe the same thing across the world: a dog that inhales every meal, scans the floor for crumbs, stares at the kitchen with theatrical desperation twenty minutes after eating, and will consume almost…
Times Pets
Times Pets
Neil Young Sues Trump Again for $10 Million as He Claims His Song Is the Opposite of Everything Trump Stands For
Neil Young is suing Trump 47 Committee Inc. for $10m, alleging it used 'Rockin' in the Free World' at political rallies without authorisation.
International Business Times UK
International Business Times UK
Rare Nanotyrannus skeleton sells for $47.3m at New York auction
Sale makes ‘Jodi’, a smaller relative of T rex, the ‘second most valuable dinosaur ever sold at auction’, Sotheby’s says
The Guardian - US
The Guardian - US
Why You Should Think Twice Before Using a Hotel Room’s Coffee Maker
You wake up in your hotel room, reach for the complimentary coffee packets, and start brewing a cup before heading out for the day. It...
Saving Advice
Saving Advice
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play