US Stocks Slide on Weak Tech Earnings, Shutdown Worries

US stocks retreated Wednesday as disappointing earnings from major technology companies sparked a broad selloff, with the Nasdaq Composite leading declines with a 0.9% drop. The Dow Jones Industrial Average fell 147 points (0.3%) while the S&P 500 declined 0.4% as investors monitored the ongoing 22-day government shutdown and awaited Friday’s crucial consumer price index report.

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Intuitive Surgical Q3 Earnings Beat, Stock Jumps 13.6%

Intuitive Surgical delivered a powerful third-quarter performance that sent its stock soaring 13.6% in after-hours trading, as the robotic surgery leader reported revenue and earnings that significantly exceeded expectations. The company’s strong results were fueled by accelerating procedure growth, robust adoption of its next-generation da Vinci 5 platform, and disciplined margin management despite tariff headwinds, demonstrating the continued strength of its global expansion strategy.

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