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The Closing Bell: Technology Company Losses Hit U.S. Indexes; Dollar Tumbles
FYI: U.S. stocks slipped Wednesday afternoon as chipmakers like Texas Instruments and other technology companies fall. Investors remained focused on global trade issues: the dollar is weaker after Treasury Secretary Steven Mnuchin said the declining dollar is good for U.S. exporters, suggesting he isn't likely to try to stop the currency's recent slide. Airlines are falling sharply after United Continental said it plans to ramp up passenger capacity. Regards, Ted Bloomberg: https://www.bloomberg.com/news/articles/2018-01-23/asian-stocks-facing-mixed-start-after-yen-surged-markets-wrap