Chip stocks sink: SOX down 10% and Intel down 30%, tech's worst day since June
FROM THE WIRE · FINANCE.YAHOO.COM
Yahoo Finance Markets and Data Editor Jared Blikre breaks down the broad market sell-off led by semiconductors, with SOX (^SOX) down 10% and Intel (INTC) down 30%, ending tech's worst day since June. Video Transcript 00:00 Speaker A Stocks ending the day in a sea of red. Let's…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe semiconductor sell-off drags the Nasdaq and S&P 500, with major impact on the whole tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The semiconductor index SOX fell about 10%.
- 02Intel dropped about 30% during the session.
- 03It was tech's worst day since June.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Intel Corp.65.76 USDMarket closedtoday -28.58%Negative PHLX Semiconductor Index10,688.80Market closedtoday -7.20%Negative Dow Jones Industrial Average51,770.31Market closedtoday -1.09%Negative S&P 5007,560.68Market closedtoday -2.07%Negative NASDAQ Composite25,437.00Market closedtoday -2.86%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets