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Barchart
Barchart
Rich Asplund

INSANE: Stocks turn lower as chip stocks slide | Rare Historical Photos

United States Barkin US Federal Reserve Boeing Nvidia Richmond Fed

The S&P 500 Index ($SPX) (SPY) is down -0.26%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.08%.

US stocks today are mixed, with the Dow Jones Industrials posting a new record high.  Weakness in chip stocks today is weighing on the broader market.  Stocks have carryover support from last Friday when Fed Chair Powell said "the time has come for policy to adjust" to policy easing.  Also, energy stocks are climbing today, with WTI crude oil up more than +3% at a 1-week high.

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