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U.S. Indexes closed mixed on Thursday, with the Dow the only major Index to finish in positive territory while the NASDAQ 100 closed lower and the S&P 500 flat. Although the softer-than-expected June Non-Farm Payrolls Report saw traders pare Fed rate hike...
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U.S. Indexes were mixed with a clear divergence seen, as the tech-heavy NASDAQ 100 was the clear laggard amid broad-based weakness in semiconductor names, although the Mag-7 names notably firmed. Meta (META +8.8%) was the notable outperformer, buoyed by a Bloomberg...
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U.S. Indexes closed green on Tuesday, with outperformance in the NASDAQ 100 driven by strength in the tech sector, while Industrials also rallied. Performance was more mixed elsewhere, however, with the equal-weight S&P 500 closing flat. There was no obvious...
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U.S. Indexes closed higher on Monday, with the NASDAQ outperforming and gaining more than 2% as Semiconductor stocks led the advance. The SOXX ETF posted strong gains after South Korea unveiled a USD 880 billion investment plan for its semiconductor and AI industries....
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U.S. Indexes closed were mixed to end the week, with the NASDAQ 100 underperforming once again. The latest jitters were sparked following reports that OpenAI is leaning towards delaying its IPO until 2027 with CEO Altman insisting on a USD 1 Trillion valuation for the...
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Most US sectors gained on Wednesday, with breadth strong, but the continued tech weakness weighed on indices, leaving SPX and NDX in the red. The AI trade continues to prove volatile in June, with the next catalyst being Micron earnings after the close. Major stock...
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