🔴 S&P 500 ETF (SPY) is trading 2.1% down after weak Intel guidance and missed Amazon earnings

SPY is trading at $755.64, down 2.08%, as Intel issued weaker-than-expected guidance and Amazon missed earnings expectations, renewing concerns about PC demand and returns on heavy AI investment.

• The tech-led selloff weighed on the broader index, with semiconductor stocks especially pressured.
• SPY was down 2.24% in the regular session; no volume data was provided to assess trading activity.