Bad Day for Chipmakers; Microsoft Up in Late Hours: Markets Wrap.

The article from Bloomberg.com discusses a selloff in chipmakers that impacted stock markets, with Microsoft Corp. seeing gains in late trading. The US economy showed robust growth in the third quarter, leading to a decrease in bets on policy easing. Various companies, such as Alphabet Inc. and Visa Inc., reported better-than-expected sales, while others like Eli Lilly & Co. faced challenges. The article also touches on market trends, earnings sentiment, and potential impacts of the upcoming US election on stock prices. [Extracted from the article]