Reported 3 months ago
Stock futures are declining in pre-market trading as major semiconductor stocks experience a drop. The Biden administration is considering stricter chip sales restrictions to China. Former President Trump, now the Republican Party nominee, has stated he will allow Federal Reserve Chair Jerome Powell to finish his term. Additionally, a Bank of America survey shows increasing investor optimism for a soft landing in the global economy. For further analysis and market updates, check out the full episode of Morning Brief by Luke Carberry Mogan.
Source: YAHOO