Asian tech stocks hit by US chipmaker woes
Listen now
Description
Major US stock indices eked out only minor gains yesterday as investors remained cautious ahead of the Fed’s preferred measure of inflation (PCE), due tomorrow. Shares in chipmaker Micron Technology slumped in afterhours trading yesterday, with reverberations being felt across Asia-Pacific markets today. Norbert Rücker, Head of Economics & Next Generation Research, shares his thoughts on the drivers behind the recent rebound in oil prices.
00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Jonti Warris (Investment Writing)
06:09 Oil update by Norbert Rücker (Head of Economics & Next Generation Research)
11:01 Closing remarks by Helen Freer (Investment Writing)
Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
More Episodes
A batch of underwhelming data out of the US keeps rate cut expectations for the Fed alive. While that helped US yields to trade lower in yesterday’s session, European yields remained steady for the most part ahead of this Sunday’s first round of parliamentary elections in France. The political...
Published 06/28/24
Published 06/28/24
While it was only a few consumer services and information technology stocks that drove the gains in the US equity markets yesterday, the good news came from a successful auction of 2-year Treasury notes by the US Treasury Department. Dario Messi of Fixed Income Research explains why the results...
Published 06/26/24
Links
Twitter
Facebook
Instagram
Patreon
Genres
Artwork or description wrong?
Request an update »
Updates may take a few minutes.
Do you host a podcast?
Track your ranks and reviews from Spotify, Apple Podcasts and more.
See hourly chart positions and more than 30 days of history.
Get Chartable Analytics »
See hourly chart positions and more than 30 days of history.
