Stock indexes down due to chip and energy stocks falling, with some positive earnings results.

From Nasdaq: 2024-10-15 14:43:13

Stocks today are moderately lower with the S&P 500, Dow Jones, and Nasdaq all down. Chip stocks fell after reports of possible restrictions on advanced AI chip sales. Energy stocks dropped on lower crude oil prices due to Middle East tensions. Healthcare stocks are down after UnitedHealth Group cut its forecast. Solid earnings results from various companies support stock indexes. The US Oct Empire manufacturing survey shows a decline. ASML Holding NV leads losers in the Nasdaq 100 after a weak Q3 bookings report. Chip stocks, energy stocks, and managed healthcare stocks are all under pressure. Walgreens Boots Alliance and Charles Schwab are moving higher on strong earnings results. Marvell Technology leads gainers on the Nasdaq 100 after CEO insider buying. Wolfspeed soars on expected government grants and financing. Bank of America reports strong Q3 trading revenue. Apple hits a record high after introducing a new AI-enabled iPad mini. Earnings reports expected for various companies on October 15, 2024.



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