Page 3 - Tim Ghriskey News Today

Short-dated Treasury yields rose and a gauge of global equities seesawed near two-year highs on Tuesday after strong U.S. labor market data again underscored a resilient economy and questioned how...

U.S.-listed shares of the worlds largest contract semiconductor maker , which also forecast more than 20% growth in 2024 revenue, were last up 7.2%, the biggest percentage gainer for the day on the semiconductor index. The S&P 500 (.SPX), opens new tab was up 0.3%.

Taiwan Semiconductor Manufacturing: "With basic semiconductors - thats a supply and demand business... but I think youre going to continue to hear chatter about AI, and it will translate into huge revenue growth for a lot of these companies," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.

An index of semiconductor stocks was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor Manufacturing cited strong demand for high-end chips used in artificial intelligence (AI). U.S.-listed shares of the world's largest contract semiconductor maker, which also forecast more than 20% growth in 2024 revenue, were last up 7.2%, the biggest percentage gainer for the day on the semiconductor index. The semiconductor index rose 65% in 2023 an...

An index of semiconductor stocks was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor Manufacturing cited strong demand for high-end chips used in...

U.S. stocks gained ground on Thursday as investors wrestled over whether to embrace robust U.S. labor market data as a sign of economic strength that also weakens the likelihood that the Federal... -January 18, 2024 at 03:00 pm EST - MarketScreener

Expectations the central bank could begin cutting rates as soon as March have been slowly decreasing, with CMEs FedWatch Tool showing a 65.7% chance for a cut of at least 25 basis points (bps) for the month, down from 79% a week ago.

The S&P 500 and Dow lost ground and closed lower on Tuesday, pressured by a modest rise in Treasury yields as investors assessed the timing and size of any Federal Reserve interest rate cuts in 2024 ahead of inflation data this week.

Global stock indexes rose and U.S. Treasury yields dipped on Wednesday as investors looked ahead to a U.S. consumer price report for possible clues on when the Federal Reserve could begin cutting... -January 10, 2024 at 12:10 pm EST - MarketScreener

Global stock indexes rose and U.S. Treasury yields edged higher on Wednesday as investors looked ahead to a U.S. consumer price report for possible clues on when the Federal Reserve could begin... -January 10, 2024 at 03:39 pm EST - MarketScreener