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Stock Indexes Finish Lower as Chipmakers Sell Off
Barchart - Fri Jun 26, 3:33PM CDT
The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.09%. September E-mini S&P futures (ESU26) fell -0.12%, and September E-mini Nasdaq futures (NQU26) fell -1.19%.
Stock indexes settled lower on Friday, with the S&P 500 and Nasdaq 100 falling to 2-week lows. The weakness in chipmakers weighed on the overall market Friday. South Korea's Kospi Index fell by more than -5% on Friday after Samsung Electronics and SK Hynix sold off, sparking a global decline in chipmakers. Stocks also came under pressure on Friday after a New York Times report said ChatGPT owner OpenAI may delay its initial public offering until 2027.
Stock indexes recovered from their worst levels after the University of Michigan's US Jun consumer sentiment index was revised upward. Also, strength in software stocks and cybersecurity companies was a supportive factor for the... Read more
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Stock Indexes Finish Lower as Chipmakers Sell Off Barchart - Fri Jun 26, 3:33PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.05%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.09%. September...
Stock Indexes Slip as Chipmakers Retreat Barchart - Fri Jun 26, 10:18AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. September E-mini S&P futures...
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