The initial optimism off China’s stimulus announcement has faded in the U.S. with markets closing lower Wednesday and eyes returning to the Fed and labor markets. S&P 500 Futures: 5,774.25 ⬇️ down 0.31% S&P 500: 5,719.17 ⬇️ down 0.24% Nasdaq Composite: 18,082.21 ⬆️ up 0.043% Dow Jones Industrial Average: 41,918.24 ⬇️ down 0.69% FTSE 100:…
Global markets were mixed in early trading a day after China announced a major stimulus program. S&P 500 Futures: 5,782.25 ⬇️ down 0.17% S&P 500: 5,732.93 ⬆️ up 0.25% Nasdaq Composite: 18,074.52 ⬆️ up 0.56% Dow Jones Industrial Average: 42,208.22 ⬆️ 0.20% FTSE 100: 8,289.15 ⬆️ up 0.08% Nikkei 225: 37,870.26 ⬇️ down 0.19% SSE…
As Fed Chair Powell might say, the semiconductor sector’s recent pullback represents a recalibration rather than the start of a downturn. With foundational support from AI advancements and a stabilizing economy, investors might want to buy the dip on these chip stocks. Source link