• May 1, 2024

Stock Market Crash Alert: 3 Must-Buy Semiconductor Stocks When Prices Plunge

Expectations are high when it comes to semiconductor stocks. Maybe too high. Several leading microchip and semiconductor stocks have taken big hits recently after they posted first-quarter financial results that beat Wall Street expectations but still managed to disappoint investors who have come to anticipate meteoric growth from the sector. Fueled by demand for artificial intelligence (AI) chips, semiconductor stocks have been red hot over the last 18 months. Now it seems that a cooldown perio

  • May 1, 2024

TREASURIES-Treasury yields steady ahead of FOMC announcement

U.S. Treasury yields dipped on Wednesday, after a report showing the labor market remained tight last month, hours before a Federal Reserve decision on whether the economy is too strong, and inflation too sticky, to pivot to an easier rate policy soon. According to the ADP Employment report, private payrolls increased by 192,000 after rising by an upwardly revised 208,000 in March. But rates were overall hardly moving, nosing off again after the U.S. Treasury Department announced a total refunding of $125 billion for the May to July quarter that would raise new cash of $17.2 billion.