QQQ Chip stocks remain under pressure after a nearly 11% drop in South Korea's Benchmark Kospi overnight. Sk Hynix is down 4% in the U.S., d
QQQ Chip stocks remain under pressure after a nearly 11% drop in South Korea's Benchmark Kospi overnight. Sk Hynix is down 4% in the U.S., dragging other Semiconductor names down with it. Split market again: Sk Hynix decline (bad); drops in oil and bond yields (good). That's why Nasdaq futures are down nearly 1%, while the Dow is up almost 1%. - per Cramer Investing Club Newsletter
QQQ Chip stocks remain under pressure after a nearly 11% drop in South Korea's Benchmark Kospi overnight.
Sk Hynix is down 4% in the U.S., dragging other Semiconductor names down with it.
Split market again: Sk Hynix decline (bad); drops in oil and bond yields (good).
That's why Nasdaq futures are down nearly 1%, while the Dow is up almost 1%. - per Cramer Investing Club Newsletter