Stock futures (^DJI, ^IXIC, ^GSPC) are under pressure as major semiconductor stocks fall in Wednesday's pre-market trading. This comes as the Biden administration considers tighter restrictions on chip sales to China. Former President Trump, who has secured the Republican Party nomination this week, reportedly stated he will let Federal Reserve Chair Jerome Powell serve out the rest of his term, According to a Bank of America survey, investors are turning increasingly bullish on a soft landing scenario for the global economy. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Read More...
Stock futures (^DJI, ^IXIC, ^GSPC) are under pressure as major semiconductor stocks fall in Wednesday’s pre-market trading. This comes as the Biden administration considers tighter restrictions on chip sales to China.
Former President Trump, who has secured the Republican Party nomination this week, reportedly stated he will let Federal Reserve Chair Jerome Powell serve out the rest of his term,
According to a Bank of America survey, investors are turning increasingly bullish on a soft landing scenario for the global economy.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Luke Carberry Mogan.
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