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Rich Asplund

BIZARRE: Stocks settle lower as chipmakers retreat - You Need To See This

SP Donald Trump Nasdaq United States ARE Dow Jones China CSX Corp HCA Healthcare Texas Instruments

The S&P 500 Index ($SPX) (SPY) Friday closed down -0.29%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.32%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.58%. March E-mini S&P futures (ESH25) are down -0.36%, and March E-mini Nasdaq futures (NQH25) are down -0.62%.

On Friday, stocks gave up an early advance and posted moderate losses on some negative earnings results. Texas Instruments closed down more than -7% to lead chipmakers lower after forecasting a weaker-than-expected Q1 EPS. Also, HCA Healthcare closed down more than -4% after reporting Q4 EPS below consensus. In addition, CSX Corp closed down more than -2% after reporting Q4 revenue below consensus.

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