Moomoo Markets Look Ahead for Friday, July 17

U.S. stocks will try to recover Friday after falling Thursday on a tech sell-off sparked by weakness for SK Hynix and Taiwan Semiconductor.

$SK hynix (SKHY.US)$ fell nearly 14% in a second day of losses after shooting up better than 27% on Tuesday.

Meanwhile, $Taiwan Semiconductor (TSM.US)$ lost 2.3% Thursday as investors ignored better-than-expected quarterly earnings to focus on management's guide of higher-than-expected upcoming capital expenditures.

SK Hynix and Taiwan Semi's declines helped push multiple tech stocks lower. Major losers included $SanDisk (SNDK.US)$, $Western Digital (WDC.US)$, $Intel (INTC.US)$, $Micron Technology (MU.US)$, $Advanced Micro Devices (AMD.US)$ and $Alphabet-A (GOOGL.US)$.

All in, the $Nasdaq Composite Index (.IXIC.US)$ fell 1.5%, the $S&P 500 Index (.SPX.US)$ shed 0.5% and the $Dow Jones Industrial Average (.DJI.US)$ gave back 0.2%.

As for Friday's session, look for $The Travelers Companies (TRV.US)$, $Fifth Third Bancorp (FITB.US)$, $Regions Financial (RF.US)$ and other firms to report earnings before the bell.

Here's your complete look ahead for the day:

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