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What's Weighing on the Stock Market Today

The Nasdaq is diving as the rotation out of tech stocks picks up pace. The S&P 500 is also dropping Wednesday, while the Dow Jones Industrial Average is trying to hold on to a small gain.

The drop in tech comes as Donald Trump, who is now the favorite to win November's election, said Taiwan should be paying the U.S. for protection and accused it of stealing America's semiconductor business. China has long threatened to invade the island to bring it back under the control of the mainland. Taiwan is the dominant country in the global chip industry and a critical part of the supply chain.

The rotation out of tech and into other parts of the market began after last week's inflation print, which convinced investors that the Federal Reserve would lower interest rates at its September meeting, something that would be good for the shares of smaller companies.

accused it of stealing America's semiconductor business.

talaipwros έγραψε: 17 Ιούλ 2024, 20:26

What's Weighing on the Stock Market Today

The Nasdaq is diving as the rotation out of tech stocks picks up pace. The S&P 500 is also dropping Wednesday, while the Dow Jones Industrial Average is trying to hold on to a small gain.

The drop in tech comes as Donald Trump, who is now the favorite to win November's election, said Taiwan should be paying the U.S. for protection and accused it of stealing America's semiconductor business. China has long threatened to invade the island to bring it back under the control of the mainland. Taiwan is the dominant country in the global chip industry and a critical part of the supply chain.

The rotation out of tech and into other parts of the market began after last week's inflation print, which convinced investors that the Federal Reserve would lower interest rates at its September meeting, something that would be good for the shares of smaller companies.

https://www.barrons.com/livecoverage/st ... day-071724

Ολα καλά

talaipwros έγραψε: 17 Ιούλ 2024, 21:22 Ας ελπίσουμε ο απλός εργατικός Αμερικανος, να δει την άβυσσο κατάματα και να ψηφισει, για να μην επιτρέψει στον κομπρομά να καταστρέψει τη Δύση

zteo έγραψε: 18 Ιούλ 2024, 08:35 Μπράβο στον Τραμπ που λέει χύμα ότι δεν λένε οι Δημοκρατικοί που πουλάνε φούμαρα για δημοκρατία και ελευθερία.
Η Ταϊβάν μπορεί έχει την προστασία του Αμερικανικού στρατού εάν παραδώσει τις βιομηχανίες τσιπ σε Αμερικανικά συμφέροντα.
Το συμφέρον των Κινέζων της Ταϊβάν είναι να αρνηθούν την πρόταση των Αμερικανών