The stock market is down today, with the S&P 500, Dow Jones, and Nasdaq all in the red. Chipmakers are leading the losses after Texas Instruments’ disappointing revenue forecast. Intuitive Surgical and Capital One Financial are up, but Netflix is down after weak earnings. Mortgage applications fell, and trade talks continue to impact market sentiment.

The US government shutdown continues, delaying key economic reports. Earnings season is in focus, with strong corporate results but a slowdown in profit and sales growth expected. The markets are pricing in a rate cut at the next FOMC meeting. Overseas markets are lower, and interest rates are under pressure due to supply concerns.

Stock movers include Netflix, Texas Instruments, and various chipmakers sliding, while cryptocurrency-exposed stocks are also down. Companies like Intuitive Surgical, Pegasystems, and Amphenol are up after positive earnings reports. Manhattan Associates, Mattel, and others are down. Earnings reports for various companies are scheduled for October 22, 2025.

Read more at Nasdaq: Stocks Pressured as Texas Instruments Drags Chipmakers Lower