US Chip Stocks Rebound After Steep Weekly Selloff
US chip stocks recovered some ground Monday after last week’s steep selloff. Lower Treasury yields and easing crude prices offered support to the AI trade.
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US STOCKS — S&P 500 subdued as gains in banks offset AI jitters; Dow at one — month high
Indexes: Dow up 0.43%, S&P down 0.09%, Nasdaq down 0.70% Banks gain, lift Dow to one-month high Chips, neocloud companies slip (Updates to market open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — The benchmark S&P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor sto
EMERGING MARKETS — Indonesian stocks sink most since 1998 on MSCI downgrade warning
JKSE falls over 11% to lowest since November 2020 Rupiah weakens to 18,070 a dollar MSCI says Indonesia's emerging status no longer appropriate Korean stocks rebound from 6-month closing lows (Updates for afternoon trade) By Sameer Manekar Oct 16 (Reuters) — Indonesian stocks suffered their steepest one-day fall in 28
Bulls and Bears: PayPal, UnitedHealth, Netflix — And Stocks End Wild Week
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished a volatile week lower as an escalating selloff in artificial intelligence and semiconductor shares overshadowed encouraging inflation data. The S&P 500 and Nasdaq Composite post