S&P 500, Nasdaq Slide Sharply As Netflix Guidance Disappoints And Chip Stocks Extend Losses — NFLX, GE, META, AAPL, SPCX In Focus

S&P 500 and Nasdaq fell sharply due to disappointing Netflix guidance and chip stock declines.

Semiconductor stocks faced pressure from TSMC's higher 2026 capital expenditure guidance.

Stocks in focus: NFLX, GE, META, AAPL, and SPCX.

Investors are reacting to earnings and capex signals from major tech companies.