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Chip stock sell-off, Netflix earnings, Trump's approval rating and more in Morning Squawk

Global markets are retreating today as investors react to a broad sell-off in chip stocks, declining Netflix shares, and a cancelled SpaceX flight.

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The brief

Major stock indices, including the Dow, S&P 500, and Nasdaq, are set to pull back amid a notable downturn in the semiconductor sector. This decline originated in Asia and has persisted into current market sessions.

Coverage from Barron's, Seeking Alpha, MarketWatch, Investor's Business Daily, and CNBC highlights the volatility surrounding Netflix following its latest earnings report. SpaceX is also identified as a primary market mover following the cancellation of a flight.

The impact of ongoing market movements on the broader technology sector remains to be seen. Coverage does not yet specify the long-term trajectory for these individual stocks or the duration of the current downward trend.

Synthesized by PULSE from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 1h ago.

Quick answers

Which sectors are currently experiencing volatility?

Coverage identifies semiconductor chip stocks, media and entertainment through Netflix, and the aerospace sector via SpaceX as key areas of movement.

What is affecting Netflix stock?

Netflix shares are slumping following the release of the company's earnings report.

What prompted the decline in SpaceX shares?

Market activity regarding SpaceX is linked to the cancellation of a recent flight.

Coverage (5)

Topics

AMD Netflix SpaceX Intel Dell Stock Market

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