Reported 3 months ago
In the Morning Brief episode, hosts Seana Smith and Madison Mills discuss how the major market averages are down, particularly the Nasdaq Composite due to semiconductor stocks dragging down the tech-heavy indexes, influenced by the Biden administration's plans for stricter trade regulations on chip exports to China. While some chip makers may face challenges, ASML is predicted to perform well. The US political landscape sees former President Donald Trump's comments, Tesla CEO Elon Musk's relocation plans, and positive news from Johnson & Johnson and Roche in the pharmaceutical sector.
Source: YAHOO