FinanceAsianet Newsable
Asian Chip Shock Hits AI Stocks, Futures Slip
in5points
Nasdaq and S&P 500 futures fell due to a Korea chip shock affecting AI memory heavyweights.
Stocks in focus include NVDA, SNDK, MU, APLD, SPCX, SLS, and CAPR.
Retail sentiment on SPY remains 'bearish' and turned 'extremely bearish' on QQQ.
Growing anxiety surrounds technology stocks ahead of the Fed decision.
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Rajeev Chandrasekhar / Jupiter Capital interests historically