Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 5.3% in the afternoon session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
Shares of semiconductor company Semtech (NASDAQ:SMTC) jumped 9.7% in the afternoon session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
Shares of semiconductor materials supplier Entegris (NASDAQ:ENTG) jumped 8.4% in the afternoon session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
Shares of analog chips maker onsemi (NASDAQ:ON) jumped 5.3% in the afternoon session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
BlackRock’s IBIT reached the mark five times faster than State Street’s gold fund.
NEW YORK (Reuters) -U.S. Treasury auctions of notes and bonds this week are even more in focus than usual as tests of market sentiment on U.S. assets, and while investors look like keen buyers of short and medium-term debt, appetite at the long end is more dicey. Aside from bills, the U.S. Treasury will sell a total of $119 billion in three- and 10-year notes, as well as 30-year bonds. The latter will be closely watched for signs that bond investors are putting their foot down and rejecting countries with huge fiscal deficits and mountains of debt.
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In recent weeks, retail investors have rotated out of Nvidia and other Magnificent Seven stocks into smaller, more volatile AI and quantum computing stocks, according to a recent analysis by Vanda Research.
The New York Survey of Consumers showed that inflation expectations for the coming year declined to 3.2% in May, showing consumers feel better about prices amid trade negotiations on tariffs.
Semiconductor stocks rose Monday as a White House official indicated restrictions on chip exports to China could be lessened through trade talks taking place in London.