Markets Digest Semiconductor Sell-off Key Takeaways Semiconductors sell-off. Equity dispersion hits record. Rate hike expectations inch higher. The S&P 500 finished the week flat despite semiconductors coming under pressure. Memory related equities sold off, which dragged the NASDAQ down 0.65%. Korea, with a high concentration in the memory sector, was down 12.7% for the week....
Financial Markets Close Out Strong Quarter First quarter GDP exceeds expectations. Labor market stability continues. Consumer resilience continues. As the United States prepares to celebrate its semiquincentennial, investors already received an early gift from the equity markets as the Russell 3000 Index of domestic companies delivered a second quarter return of 15.4%. This return was...
Markets Chop Amid Dispersion Small caps power ahead. Technology shares churn. Space stocks come back to earth. The S&P 500 finished the week down 0.8% with weakness driven by the technology sector. The high-flying KOPSI Index in Korea took a 10% hit on Tuesday, which led to 4% declines domestically in the technology sector. Dispersion...
