01Tagged “semiconductors”
9 posts on this topic.
Chips fell 5.9% Monday while security stocks jumped. The 10-year yield touched 5.02% overnight, and the Fed's two-day meeting starts with hike odds at 92%.
Stocks fell a fourth day as the 10-year yield hit 4.94% and chipmakers sank. Oracle rose after hours. August CPI lands at 8:30 a.m. ET.
Oil crossed $100 on Iran escalation and the Dow lost 1.18%. But 73 of 100 large caps fell while chips rallied. PPI Thursday, CPI Friday.
August payrolls tripled the 53,000 consensus and hike odds are back near 59%. Oil sits at six-week highs, and CPI lands Friday.
The FOMC statement lands at 2 pm ET after the S&P 500's third straight loss. Micron fell 7% on record results; Intel's raise moved 121 million shares.
Monday's tape split 25 advancing to 75 declining, semis led while software was sold on someone else's revenue print, and Home Depot reports before the open.
A record quarter sent Applied Materials down 5.1% while AMD rose 6.5%. Reddit's 12.6% index pop, negative breadth and a two-sided rate story.
AI hardware led while software and consumer sold. Cisco reported $17.3B revenue after the close, and PPI hits at 8:30 AM ET.
Monday's close: 55 advancers but a flat index, oil up about 5% on Hormuz, six semis lower, three small-cap takeouts. CPI lands Wednesday 8:30 am ET.