US Stocks Fall, Semiconductor Stocks Weaken, Bank Earnings Season Begins
SKHY SK Hynix Inc ADR
$157.06 -3.19%
View chart & analysis → - 1The Dow Jones Industrial Average fell 0.4% due to declining semiconductor stocks and bank earnings announcements.
- 2The KOSPI index fell more than 5% as selling pressure in the semiconductor sector intensified.
- 3JPMorgan Chase reported a profit of $15.3 billion, falling below expected earnings.
So what's the key point?
The Dow Jones fell 0.4% as semiconductor stocks dropped and bank earnings were released. JPMorgan Chase reported a profit of $15.3 billion, which was lower than what experts expected.
Source Yahoo Finance +2 · View original ↗
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