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Stocks Sink as Chip Stocks Retreat and Bond Yields Climb
Barchart - Fri Dec 12, 3:33PM CST
The S&P 500 Index ($SPX) (SPY) on Friday closed down by -1.07%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -1.91%. December E-mini S&P futures (ESZ25) fell -1.07%, and December E-mini Nasdaq futures (NQZ25) fell -1.94%.
Stock indexes sold off sharply on Friday, with the S&P 500 posting a 1.5-week low, the Nasdaq 100 a 2-week low, and the Dow Jones Industrial Average retreating from a new all-time high. Friday’s slump in technology shares weighed on the broader market.
Broadcom plunged more than -11% to lead chip makers and tech stocks lower Friday after its sales outlook fell short of lofty expectations and the company failed to provide an AI revenue forecast for 2026. This week’s disappointing outlooks from Oracle and Broadcom have also prompted some investors to rotate out of the tech sector amid lofty valuations and uncertainty over whether vast spending on AI infrastructure will ultima... Read more
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Stocks Sink as Chip Stocks Retreat and Bond Yields Climb Barchart - Fri Dec 12, 3:33PM CST
The S&P 500 Index ($SPX ) (SPY ) on Friday closed down by -1.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.91%....
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Stocks Tumble on Tech Stock Weakness and Higher Bond Yields Barchart - Fri Dec 12, 10:19AM CST
The S&P 500 Index ($SPX ) (SPY ) today is down by -0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.85%. December E-mini...
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