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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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Tuesday was a risk-off session with U.S. Indexes lower across the board. The NASDAQ 100 was the clear laggard while the Dow Jones outperformed, reflecting continued pressure on Technology and AI-related names. Gains in IBM buoyed the Dow after receiving an upgrade at...
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