Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs

Futures Fall, Chipmakers Tumble After Samsung Rout; Oil Climbs Stocks fell as freash volatility hit chipmakers after blowout earnings from Samsung Electronics were still not good enough (the company missed some buyside estimates) and left investors wanting even more, and sent its stock tumbling as much as 11%, forcing another 20 minute halt of the Kospi. As of 8:00am ET, S&P futures were down 0.2% and Nasdaq futures fall 1%, with chip stocks sliding in premarket trading (both Mi...

By Tyler Durden