Stocks jump after Fed, US data; yen strengthens
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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
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
What if the Fed doesn’t cut?
May 2, 2024 9:27 AM EDTWith constant talk regarding potential rate cuts, and the Federal Reserve leaving rates unchanged, analysts at UBS assessed what happens if the Fed doesn't cut, in a note this week.
The firm's risk-on positioning has been informed by the premise that if central banks are cutting rates into an... More
