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Chip makers take big hit, Trump Trade signs: Market Trends

Big Tech, specifically the semiconductor industry, was dealt a big blow in trading as chip giants like Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and ASML Holding (ASML) sank in the day's session. Signs of a so-called "Trump Trade" are ringing throughout Wall Street, specifically with interest in M&A activity which could see a pullback if the former president were to assume office for a second term. Yahoo Finance markets reporter Josh Schafer joins Asking For A Trend to break down the latest market trends for July 17. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Nicholas Jacobino Read More...

Big Tech, specifically the semiconductor industry, was dealt a big blow in trading as chip giants like Nvidia (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), and ASML Holding (ASML) sank in the day’s session. Signs of a so-called “Trump Trade” are ringing throughout Wall Street, specifically with interest in M&A activity which could see a pullback if the former president were to assume office for a second term.

Yahoo Finance markets reporter Josh Schafer joins Asking For A Trend to break down the latest market trends for July 17.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Nicholas Jacobino

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