The S&P 500 Index ($SPX) (SPY) today is down by -0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) is down by -0.31%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.02%. Stocks today are moderately lower. Chip stocks are retreating today to weigh on the broader market after Bloomberg reported that the Biden administration is discussing capping sales of advanced AI chips on a country-specific basis. Chip stocks extended their losses today when ASML Holding NV plunged after reporting weaker-than-expected Q3 bookings. Energy stocks are also under pressure today, with the price of WTI cru…