Dow recovers large chuck of losses, S&P 500, Nasdaq green
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StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- 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
Marko of JPMorgan Sees 2018 Volmageddon Potentially Repeating
February 15, 2023 3:51 PM ESTMarko of JPMorgan Sees 2018 Volmageddon Potentially Repeating.
Analyst Marko Kolanovic comments "At the end of 2021, we highlighted geopolitical risk as the key risk for 2022. This significantly impacted all asset classes last year (e.g., FX, commodity, China, etc.). For instance, the energy crisis was significantly aggravated by the onset of war in Europe, and last October China stocks bottomed on extreme geopolitical pessimism (we continue to favor commodities, and we highlighted China as a buying opportunity in late October here). However, over the last three months, complacency set in with investors when it comes to geopolitical risks.... More
