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Markets

Nasdaq 100 falls 2.4 percent as S&P 500 drops 0.7 percent

The Nasdaq 100 index declined by 2.4 percent while the S&P 500 fell 0.7 percent. The Dow Jones Industrial Average rose 0.5 percent, and the VIX index jumped 9.7 percent.

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Stock futures mixed as chip stocks fall and banks rise

US futures were mixed Thursday morning with financials and Big Tech gaining while semiconductors declined. Qualcomm dropped 10.74 percent on weak sales, and UBS warned that construction pauses could impact 30 percent of 2028 data center capacity.

QCOM-9.4%

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