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Barchart
Rich Asplund

EXPLAINED: Stocks pressured as texas instruments drags chipmakers lower | Vintage Vibes

Texas Instruments RS Nasdaq SP Donald Trump United States Capital One Financial da Vinci Intuitive Surgical

The S&P 500 Index ($SPX) (SPY) today is down -0.02%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.18%.  December E-mini S&P futures (ESZ25) are down -0.01%, and December E-mini Nasdaq futures (NQZ25) are down -0.16%.

Stock indexes are posting modest losses today, led by losses in chipmakers after Texas Instruments forecasted Q4 revenue that was below expectations.  Other corporate earnings results today are mixed for stocks.  Intuitive Surgical is up more than +16% after boosting its worldwide Da Vinci procedure growth forecast for the whole year.  Also, Capital One Financial is up more than +3% after reporting better-than-expected Q3 adjusted EPS.  Conversely, Netflix is down more than -7% after reporting weaker-than-expected Q3 EPS.

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