Wall St set for lower open as chipmakers, growth stocks fall By Reuters

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Wall St set for lower open as chipmakers, growth stocks fall

), which had a stellar debuted on Thursday, dropped 4% after Bernstein started covering the stock with an"underperform" rating

A slew of recent hotter-than-expected economic data has eased concerns about a potential recession, without raising fears of a September rate hike.firming on Monday. "There will be a pause in September as indicated by the futures market. It is very important that we watch the upcoming CPI numbers and the employment numbers because they could have a strong impact on the way the Fed will wrap up the year."

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