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US markets end lower on Wednesday

23 Oct 2025 Evaluate

The US markets ended lower on Wednesday as traders remained on sidelines after the streaming giant Netflix (NFLX) reported weaker than expected third quarter earnings, citing a dispute with Brazilian tax authorities. Besides, investors took a cautious approach after US President Donald Trump’s recent remarks fuelled uncertainty about US-China trade relations. Trump said he expects to be able to reach a good deal with Chinese President Xi Jinping but also suggested a meeting between the two leaders may not happen. 

On the sectoral front, significant selling pressure has been seen in semiconductor stocks with the Philadelphia Semiconductor Index tumbling by 2.4 percent. Retail, housing and networking stocks also saw notable weakness on the day, while energy stocks bucked the downtrend amid a sharp increase by the price of crude oil.

Dow Jones Industrial Average slid 334.33 points or 0.71 percent to 46,590.41, Nasdaq slumped 213.67 points or 0.93 percent to 22,740.40 and S&P 500 fell 35.95 points or 0.53 percent to 6,699.40.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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