TSMC earnings boost chip stocks, Chicago Fed President Austan Goolsbee speaks to Yahoo Finance

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Taiwan Semiconductor Manufacturing Company News

Advanced Micro Devices,Chicago Fed,Austan Goolsbee

Taiwan Semiconductor Manufacturing Company (TSM) reported better-than-expected second quarter results and raised its full-year revenue forecast. The report...

) reported better-than-expected second quarter results and raised its full-year revenue forecast. The report is giving other chip stocks, like Nvidia slightly higher. Stocks have been trending higher in recent days as investors bet the Federal Reserve will start cutting rates in September. At 10 a.m. ET, Chicago Fed President Austan Goolsbee will speak with Yahoo Finance about his thoughts on rates and inflation.

Goldman Sachs issued a warning that an S&P 500 correction is imminent and advised investors against buying the dip.With many Canadian homeowners facing a sharp rise in mortgage payments, many of them have decided to bail, resulting in the highest number of Toronto housing units for sale in more than a decade and signaling a big drop in prices in the coming months.

This TSX stock has seen share prices fall by over 26% from its 52-week highs, but it might be the perfect opportunity to add it to your holdings. The post Down by 26.77%: Now Might Be the Perfect Time to Buy Nutrien Stock appeared first on The Motley Fool Canada.TOKYO — Asian shares were mostly lower Thursday, with Tokyo’s benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China.

 

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