Stock Market Today: Nasdaq Stumbles Despite Micron Blockbuster Earnings; Wendy's in Focus — Live Updates - WSJ
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- Nasdaq fell for a fourth straight day, with a drop in Apple shares overshadowing Micron's surge following blockbuster earnings
- Micron's "blowout" earnings were characterized by Yahoo Finance as a "headache for Apple," while broader coverage highlighted a split tape with U.S. stocks mixed and Apple slumping despite the chip-sector rally
Why it matters: Micron delivered blowout earnings and still couldn't lift the Nasdaq, which fell for a fourth consecutive session as Apple's slump carried more weight in the index — a divergence that shows even blockbuster chip results aren't enough to offset pressure on mega-cap tech when a single name drags.
