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A continuing sell-off in semiconductor stocks has equities pointing to a lower open Friday, with Netflix adding a second pressure point after the streaming company reported a disappointing quarter.
The chip sector has been carrying the most weight on the tape, and Friday's session will show whether that selling is finding a floor. NFLX is in focus at the open alongside the broader semiconductor complex.
Chip sector carry-over sets the tone The chip sell-off is not a single-session story. It has been running, and Friday's pre-market signals suggest it is not finished.
The sector's index weight means the drag touches equity averages more broadly than a single-stock move would. Whether buyers step in at the open or the selling extends is the first thing the session resolves.
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