Reported 3 months ago
The tech-heavy Nasdaq Composite and S&P 500 are seeing declines due to semiconductor companies selling off. Experts discuss the market's future and the potential impact of US-China trade relations. Yardeni Research President talks about tech sector trends influenced by the Fed's interest rate cuts, while KraneShares Managing Director mentions stricter US export controls on China. Wedbush Securities SVP notes US-China trade policies may not affect chipmakers like Nvidia. Top trending tickers on Yahoo Finance include Tesla, Charles Schwab, JB Hunt Transport Services, and Johnson & Johnson after the latter reported a beat on second-quarter earnings.
Source: YAHOO