Tech leads stocks lower as Micron warns, chipmakers fall

Tech leads stocks lower as Micron warns, chipmakers fall

U.S. stocks extended losses Tuesday as investors assessed earnings and prepared for a series of key inflation reports due out later this week.

The S&P 500 ticked fell 0.5%, while the Dow Jones Industrial Average ticked down about 0.1%. The tech-heavy Nasdaq tumbled 1.5% as a warnings from Micron Technology (MU) weighed on chip and technology stocks.

Shares of Micron fell 5% after the memory chipmaker said its fourth-quarter revenue may come in on par with or below the bottom end of a forecast…


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