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Macro US Stocks

US Stocks Open Mixed; Qualcomm Falls Over 12% After Earnings, SpaceX Down Over 4%

US stocks opened mixed on November 5, with the Nasdaq down 0.69%, the S&P 500 down 0.11% and the Dow up 0.63%. Qualcomm fell more than 12% as its handset business stayed under pressure and its Q1 guidance missed expectations. Tesla dropped 3.5% and SpaceX fell more than 4% after Texas, the companies’ commercial home base, historically flipped blue.

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