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US stock market crash: Why is US stock market down today – Dow, S&P, Nasdaq all in red
The Economic Times·2025-10-22 23:47

The Dow dropped 147 points, S&P 500 fell 0.4%, Nasdaq slid 0.9%. Weak earnings from Texas Instruments and Netflix hit the markets hard. Texas Instruments shares fell 4% after reporting weaker-than-expected Q4 earnings and disappointing guidance. The semiconductor sector broadly suffered: AMD, On Semiconductor, and Micron Technology dropped about 3% each, while the VanEck Semiconductor ETF (SMH) pulled back 2%.Netflix plunged 9% following a Q3 earnings miss, citing a Brazilian tax dispute. “High-profile rep ...