Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street
(Bloomberg) -- Investors and analysts are lining up bets on battered Asian technology stocks, after a $279 billion rout in Nvidia Corp. fueled a wave of
Markets in Europe are set for a rocky start on Wednesday after Asia stocks were left in a sea of red, as worries over the global growth outlook
Investors were disappointed by Tuesday's manufacturing data, which amplified fears that the US economy may be headed for a slowdown.
(Bloomberg) -- Asian semiconductor-related stocks tumbled, putting regional benchmarks on course for their worst drops in a month amid renewed concerns
"Equities seem more excited about the cuts than concerned about a potential recession," strategists at Bank of America said.
The next jobs data, due Friday, could further broaden the stock's rally beyond tech shares if nonfarm payrolls come in strong, Morgan Stanley says.
Tech stocks rebounded, and Palantir delivered an exceptional earnings report.
While some on Wall Street think stocks are spring-loaded for gains after the Fed cuts interest rates, JPMorgan has a more measured view.
Shares Fell 15% in Extended Trading Tuesday
