The MarketReader Minute
(VGT) slid 2.1% Tuesday, weighed down by sharp declines in NVIDIA, Microsoft, Broadcom, AMD, and Oracle. NVIDIA and Microsoft faced cybersecurity concerns tied to Israel, while AMD fell on Intel competition and processor leaks. The S\&P 500 also slipped 0.68%, echoing broad market weakness.
The MarketReader Minute
Geopolitical tensions and mixed economic data shape market sentiment ahead of key central bank speeches.
The MarketReader Minute
Eurozone trade surplus narrows sharply, while Canadian securities see unexpected foreign investment amid geopolitical tensions and upcoming Fed speech.
The MarketReader Minute
U.S. Producer Price Index Surge Raises Interest Rate Concerns Amid Geopolitical Tensions and Mixed Asian Economic Signals.
The MarketReader Minute
Consumer Discretionary ETF (XLY) edged down 0.1%, with Tesla, Home Depot, Chipotle, Lowe’s, and Tapestry all lower. A drop in U.S. jobless claims signaled labor market strength, sparking brief upside, while HYG’s decline echoed broader market caution.
The MarketReader Minute
VGT slipped 0.4% after hotter-than-expected PPI data and falling jobless claims fueled rate concerns. Losses in AMD, Apple, Salesforce, Coherent, and Cisco weighed on performance, with company-specific news amplifying sector weakness.
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US inflation rises unexpectedly, fueling speculation of Fed interest rate cuts as UK GDP growth contrasts with Eurozone industrial decline amidst cautious market optimism.
The MarketReader Minute
U.S. inflation data fuels speculation of Fed interest rate cuts as markets rally on tariff truce with China and positive corporate earnings in Japan.
The MarketReader Minute
U.S. CPI rises to 2.8% amid tariff concerns, while Asian markets rally on eased U.S.-China trade tensions and fiscal stimulus optimism.
The MarketReader Minute
VGT fell as weakness in Apple, Intuit and Adobe pressured the tech sector, mirroring broader market declines. Monday.com plunged despite beating Q2 estimates, as softer Q3 guidance and analyst downgrades fuelled heavy selling.
The MarketReader Minute
U.S. inflation data set to influence markets as analysts predict CPI rise and potential Fed rate cuts amid mixed European signals and ongoing geopolitical tensions.
The MarketReader Minute
Tech stocks gained with VGT up, led by Apple, Nvidia, and Cisco. A new 100% tariff on semiconductor imports favors U.S. manufacturers, while soft labor data fuels expectations of Fed rate cuts, boosting growth sentiment across the sector.
