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● Net tariff revenue for fiscal 2026 fell to about $173 billion.
● Hike odds by December were put at roughly three in four in one market summary.
● All 30 PHLX Semiconductor Index members fell, and chipmakers posted an eighth straight decline.
● Travelers reported third-quarter core income of $1.947 billion, or $9.18 a share, ahead of forecasts.
● It held its 2026 capital spending plan at $60 billion to $64 billion.
● Utilities trailed only energy among Friday's best-performing sectors as technology shares fell sharply.
● They argued the risk facing chip stocks is priced in.
● Anthropic's reported $2 trillion IPO target faces investor pushback, with some eyeing $1.5 trillion.
● Fear & Greed Index read 30, versus 35 a week and 53 a month ago.
● The S&P 500 had gone 55 sessions without a sizable one-day decline before Friday.
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