Stocks Fall as Chip Rout Outweighs Inflation Data

Stocks Fall as Chip Rout Outweighs Inflation Data

Another selloff in chipmakers weighed on stocks, overshadowing inflation data that eased concern about aggressive Federal Reserve rate hikes. Ted Parkhill, Founder & CEO at Incline Investment Management, gives his market outlook amid fresh PPI data a...

Another selloff in chipmakers weighed on stocks, overshadowing inflation data that eased concern about aggressive Federal Reserve rate hikes. Ted Parkhill, Founder & CEO at Incline Investment Management, gives his market outlook amid fresh PPI data and AI related-volatility. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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