NASDAQ index leading the way to the downside
the major US stock indices have open lower. The NASDAQ composite index leads the way to the downside. Chip stocks are down;
A snapshot of the major indices are showing:
- S&P index -27.95 points or -0.98% at 2824.55
- NASDAQ index -97.687 points or -1.09% at 8846.03
- Dow industrial average -197.61 points or -0.84% at 23427.73
Chip stocks are leading the way to the downside:
- Qualcomm, -5.02%
- micron, -3.21%
- Intel, -2.44%