Wall St slumps as investors fret on rate hikes and recession
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Wells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness
September 27, 2022 6:27 AM EDTWells Fargo Says FOMC Will Not Cut at First Sign of Economic Weakness.
Wells Fargo Economist Jay Bryson comments "We now look for the FOMC to hike its target range for the fed funds rate by 75 bps at the November 2 meeting and by 50 bps at the policy meeting on... More
"Recession not priced in" Says Berenberg
September 26, 2022 7:00 AM EDT"Recession not priced in" Says Berenberg analyst Jonathan Stubbs.
The analyst comments "European and UK equities are trading below their long-term average forward P/E multiples (although there is uncertainty over forward earnings) and in line with their long-term average trailing dividend yields. This compares to the... More
