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US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings

Major indices closed lower, with semiconductor stocks extending recent losses and investors assessing quarterly results from large financial institutions.

AI-assisted coverage comparison, editor-supervised · How this was made

Published
Analysts on average see S&P 500 third-quarter earnings surging over 30%, fueled largely by AI-related technology companies, according to LSEG data.

What this story says

  • The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average all closed lower on Tuesday.
  • Chip stocks continued their decline, with the PHLX chip index falling for a fifth consecutive session.
  • Major US banks reported mixed quarterly results; Goldman Sachs and Citigroup exceeded profit expectations, while Wells Fargo missed revenue targets.
  • Analysts anticipate a surge of over 30% in S&P 500 third-quarter earnings, primarily driven by AI-focused technology companies.

Who covered it

Left 14%(1)Centre 0%(0)Right 86%(6)

Percentages are shares of the 7 outlets carrying a published leaning rating. 8 of the 15 outlets we know ran this story carry no rating and are not counted in them. Coverage measured .

Trust

42/100

Craft

57/100

Hype

41/100

15 sources · methodology

Thin on the left so far

Only 1 of the 7 outlets with a published leaning rating that ran this story are rated left.

This story is still being watched, so it is a count and not yet a finding. Coverage keeps arriving for hours after an event, and a side that has published nothing this morning may publish by tonight. If it is still true when we stop checking, we will say so plainly.

US stock markets finished Tuesday with losses as semiconductor shares extended a recent downturn and investors considered mixed earnings from major US banks. The Nasdaq Composite fell 0.15% to 27,203.53, the S&P 500 lost 0.02% to 7,805.83, and the Dow Jones Industrial Average declined 0.33% to 51,677.45. The PHLX chip index dropped for its fifth straight session. Major banks reported varied results: Goldman Sachs and Citigroup surpassed profit estimates, while Wells Fargo did not meet revenue expectations. Analysts project S&P 500 third-quarter earnings to increase by more than 30%, largely due to AI technology firms.

Shares of Micron Technology and Applied Materials fell sharply, contrasting with a rise in Broadcom's stock. Citigroup's stock dipped, while Goldman Sachs saw an increase. Wells Fargo's shares declined following its missed revenue targets. JPMorgan Chase experienced fluctuations in its stock price after reporting a rare profit miss. Apple shares reached an intraday record high. The S&P 500 has gained approximately 14% in 2026, supported by AI-related technology stocks, though the median stock within the index has risen less than 5% and over 200 components are down for the year. The PHLX chip index has fallen more than 8% in the past five sessions but remains up over 70% year-to-date.

Disagreements in reporting

Reports differed on the specific closing figures for the major indices. The Times of India reported the S&P 500 closed at 7,805.83, the Nasdaq Composite at 27,203.53, and the Dow Jones Industrial Average at 51,677.45. The Motley Fool stated the S&P 500 was down 0.25% to 7,788, the Nasdaq Composite down 0.37% to 27,139, and the Dow Jones Industrial Average down 0.18% at 51,758. Sharecafe.com.au reported the Dow Jones Industrial Average fell 180.45 points, or 0.35%, to 51,670.10, the S&P 500 edged down 0.02% to 7,805.45, and the Nasdaq Composite slipped 0.15% to 27,204.38. The Straits Times reported the Nasdaq declined 0.15% to 27,204.38 points, while the Dow Jones Industrial Average declined 0.35% to 51,670.10 points.

What the coverage left out

None of the left-rated reports mentioned the specific share price movements of Applied Materials or Citigroup. None of the right-rated reports mentioned the specific share price movements of Applied Materials or Citigroup. No centre-rated outlet ran this story.

Still developing. We have re-checked which outlets are covering this 1 time, most recently on 13 Oct 2026, 22:00, and will add the sides that appear.

How other outlets pictured it

Which photograph to run is each newsroom’s own choice. The leaning beside a name is that outlet’s published rating, not a claim that the pictures divide along it. Every picture is shown from the outlet’s own server and links to the article it ran in.

Bull and Bear 0.jpg
The Motley FoolLeft

How each side covered it

Our own reading of the reporting listed below, written from the outlets’ articles rather than quoted from them. The reasoning is set out on our methodology page.

Left

1 rated outlet

  • The left-rated report from The Motley Fool led on the mixed trading driven by bank earnings and chip stock pressure. It noted the S&P 500 was down 0.25% to 7,788, the Nasdaq Composite down 0.37% to 27,139, and the Dow Jones Industrial Average down 0.18% at 51,758. The report highlighted that Goldman Sachs shares gained after beating estimates, while Wells Fargo stock fell after missing revenue expectations. It also mentioned Micron Technology slid more than 5% as a global semiconductor sell-off intensified. The Motley Fool quoted JPMorgan CEO Jamie Dimon warning that interest rate hikes could hurt borrowers and spoke of multiple risks beneath the surface.

Centre

0 rated outlets

No outlet rated centre has run this story so far. We are still checking, and will say plainly if that does not change.

Right

6 rated outlets

  • Right-rated reports from The Times of India, The Straits Times, [your]NEWS, Sapo, ARY News, and Zero Hedge focused on the Nasdaq ending lower due to falling chipmakers and the rollout of bank earnings. The Times of India reported the Nasdaq ended lower as chip stocks added to recent losses and investors parsed mixed quarterly results from Citigroup and other big US banks. It noted Broadcom CEO Hock Tan likened some investment flow into the sector to 'casino gambling' and mentioned reports of technological advances by Chinese memory chip company CXMT underscored concerns about rising competition. The Straits Times and [your]NEWS used similar headlines and focused on the Nasdaq's decline amid chip stock pressure and mixed bank earnings. Sapo highlighted the influence of the start of the 3rd quarter results season, particularly from large banks, and continuous pressure on memory chip actions. ARY News noted healthcare was the biggest drag on the S&P 500, with Johnson & Johnson dropping despite topping profit estimates. Zero Hedge's digest mentioned Nasdaq futures sliding as the AI 'casino' hangover crushed Kospi and that Q3 bank earnings kicked off with a trading miss at JPMorgan.

Questions about this coverage

How did the left and right cover US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings?
Of the 7 outlets on this story carrying a published leaning rating, 14% are rated left, 0% are rated centre, 86% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 15. The sections above set out what each side emphasised, in its own terms.
Is US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings left or right?
Too few of the outlets on this story carry a published leaning rating to say. 7 of them do, and this site does not characterise a field under 12: at that size one newsroom filing moves the share by ten points. The percentages above are the count as it stands.
Is the coverage of US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings biased?
US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings is one event reported by 15 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.
Which side is not reporting US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings?
When we first saw this story, outlets rated left had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.
Which outlets covered US Stocks Slip as Chipmakers Fall and Banks Report Mixed Earnings?
15 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.
Which major US stock indices ended lower on Tuesday?
The Nasdaq Composite, the S&P 500, and the Dow Jones Industrial Average all closed lower on Tuesday. The Nasdaq Composite fell 0.15%, the S&P 500 lost 0.02%, and the Dow Jones Industrial Average declined 0.33%.
What was the performance of chip stocks?
Chip stocks continued their recent decline, with the PHLX chip index falling for a fifth consecutive session. Shares of Micron Technology and Applied Materials fell sharply, while Broadcom shares rose.
How did major US banks perform in their quarterly results?
Major US banks reported mixed results. Goldman Sachs and Citigroup exceeded profit estimates, leading to gains in their shares. However, Wells Fargo missed revenue expectations, and its stock fell. JPMorgan Chase experienced stock price fluctuations after a rare profit miss.
What are the expectations for S&P 500 third-quarter earnings?
Analysts expect S&P 500 third-quarter earnings to surge by over 30%. This growth is anticipated to be largely driven by AI-related technology companies, offsetting concerns about interest rates and inflation.

Read it at the source

15 outlets, grouped by the leaning a published rating gives them. Every headline links to the original; an underlined outlet name opens our profile of that publisher.

Left

1

Centre

0

No outlet in this group ran the story.

Right

6

Not rated

8

How did this read?

About the coverage, not about the story. We do not ask whether you agree with what happened — we have no honest use for that answer.

US Stocks Close Lower | MediaBias News