The chip maker says the restrictions may affect its ability to develop a new product on time and could force it to move some operations out of China. Read More...
TheStreet.com
2 Market Indicators Suggest We’ve Seen Near-Term Lows
While improvements on the charts and market breadth are sorely needed, we speculate some short-term relief is forthcoming. All the major equity indexes closed lower Tuesday with negative internals on higher volume for the NYSE and Nasdaq. All closed at or near their intraday lows with the S&P 500, DJIA, Nasdaq Composite (see above), Dow Jones Transports and Russell 2000 closing below their support levels.
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