| | | From Briefing.com stock market update
Tech Stocks Slide
25-Sep-17 12:00 ET
Dow -80.00 at 22269.59, Nasdaq -66.42 at 6360.50, S&P -9.80 at 2492.42
Chipmakers have struggled today, evidenced by the PHLX Semiconductor Index, which is down 1.7%. Micron Technology (MU 34.82, -1.24) has exhibited particular weakness, dropping 3.5%, ahead of its Tuesday earnings release while heavyweights like NVIDIA (NVDA 172.53, -6.45) and Broadcom (AVGO 233.29, -5.99) show losses of 3.6% and 2.5%, respectively.
Unsurprisingly, the S&P 500's technology sector (-1.6%), which houses semiconductor names, trades at the very bottom of today's sector standings. |
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