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Barchart
Rich Asplund

FORGOTTEN HISTORY: Stocks slide on weakness in chipmakers - The Untold Story

The S&P 500 Index ($SPX) (SPY) today is down -0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.68%.  December E-mini S&P futures (ESZ25) are down -0.37%, and December E-mini Nasdaq futures (NQZ25) are down -0.70%.

Stock indexes are under pressure today, led by losses in chipmakers after Texas Instruments forecasted Q4 revenue that was below expectations.  Also, Netflix is down more than -9% after reporting weaker-than-expected Q3 EPS.  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.

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