Global stocks dropped on Wednesday as traders reacted to a weaker outlook for Texas Instruments, the prospect of another delay to Brexit, and reports of a potential change of leadership in Hong Kong. The microchip maker projected a revenue decline of 10% to 17% this quarter, fueling fears of weakening demand in the broader technology sector.
Global stocks dropped on Wednesday as traders reacted to a weaker outlook for Texas Instruments, the prospect of another delay to Brexit, and reports of a potential change of leadership in Hong Kong. The microchip maker projected a revenue decline of 10% to 17% this quarter, fueling fears of weakening demand in the broader technology sector.