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Barchart
Barchart
Rich Asplund

THE TRUTH ABOUT: Stocks weighed down by weakness in chipmakers and megacap tech stocks - The Untold Story

The S&P 500 Index ($SPX) (SPY) today is down -1.10%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.68%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.55%.  December E-mini S&P futures (ESZ25) are down -1.05%, and December E-mini Nasdaq futures (NQZ25) are down -1.50%.

US stock indexes are moving lower today as most of the optimism over the reopening of the US government has already been priced in.  The weakness in chipmakers today and a slide in the Magnificent Seven technology stocks are a drag on the overall market.

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