U.S.-China Trade Strains Deepen, Shutdown Weighs on Market Outlook, Nvidia Gains as AI Momentum Lifts Semiconductors | MarketReader Minute
U.S.-China trade tensions and government shutdown spark market volatility ahead of key earnings reports.
U.S.-China trade tensions and government shutdown spark market volatility ahead of key earnings reports.
U.S. government shutdown delays key economic data, raising growth concerns and Fed easing expectations; Japan shows resilience amid political uncertainty, while Europe faces pressure from leadership changes in France.
(VGT) slipped 0.2% on Thursday, tracking a broader market decline. While a peace deal between Israel and Hamas eased global tensions, persistent worries over a U.S. government shutdown pressured sentiment. Major holdings including Apple, Microsoft, AMD, and Micron all fell.
Eurozone policy stability and easing Middle East tensions lift copper and silver, while strong airline earnings contrast with Ferrari’s drop on reduced EV targets.
U.S. Government Shutdown Fuels Market Uncertainty and Demand for Safe-Haven Assets Amid European Political Turmoil and Weak German Industrial Production.
Political upheaval weakened the euro and yen, while Dell raised growth targets, IBM integrated Anthropic’s Claude, and U.S. investment sent Trilogy Metals soaring.
Markets rallied despite a U.S. government shutdown halting jobs data, as AMD surged on a $100B OpenAI deal, gold hit record highs, and Japan’s Nikkei soared.
(VGT) declined 0.3% since Thursday as the U.S. government shutdown delays key reports like Nonfarm Payrolls. Nvidia fell on stalled AI chip deals, while AMD slid despite strong Steam survey metrics. AMAT and KLA dropped on new export curbs, and Palantir declined amid scrutiny over security flaws.
U.S. government shutdown threatens GDP growth and key economic data, while global markets rally on AI optimism despite oil price pressures.
Markets grapple with fallout from the U.S. government shutdown and surprise job losses, fueling Fed rate-cut bets, as FICO surges on a new mortgage licensing model.
U.S. Government Shutdown Sparks Market Uncertainty as Job Growth Declines and Gold Prices Surge to Record Highs.
(VGT) rises 0.1% amid political gridlock and uncertainty around upcoming labor data. Major holdings, including Salesforce, ServiceNow, Apple, Adobe, and HubSpot, dragged on performance despite new AI and software rollouts. The S&P 500 also declined, underscoring broader market caution.