Wall St ends down after PPI data and as chipmakers fall
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- 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
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Market crowding is a worrying sign says Citi
March 14, 2024 8:57 AM EDTCiti analysts believe the current market crowding and market narrowing are worrying and that concentration risks are the concern.
In a research note, the bank highlighted that investor reliance on broad market participation for a healthy rally is under strain, with breadth and fragility measures flagging incremental narrowing... More
Barclays says Big Tech strength is here to stay
March 14, 2024 8:15 AM EDTBarclays analysts believe the rally in big tech stocks is here to stay over the near to medium term. The firm said in a note Thursday that big tech is driving a high degree of concentration in US equities.
"Whether by market cap or contribution to returns, the... More
