In currencies, the dollar was marginally softer but not drifting too far below recent milestone highs as uncertainty continues to swirl around the rates and economic outlook.
The euro bought $1.0237 and the yen steadied at 136.34 per dollar. The U.S. dollar index , which touched a 20-year high this month, was down slightly to 106.300. Oil prices rose on expectations Russia's reduction in natural gas supply to Europe could encourage a switch to crude, with Brent futures last up 1% at $106.17 a barrel and U.S. crude up 0.7% to $97.37 a barrel.Gold hovered at $1,725 an ounce and bitcoin nursed overnight losses at $21,100.Reporting by Kane Wu in Hong Kong; Editing by Sam Holmes
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Barclays downgrades Lam Research, says comeback in chip stocks is a 'head fake'The recent bounce in semiconductor names is likely only a temporary upward move, according to Barclays I wonder what Paul Pelosi thinks about it? 🤔🤔🤔 Waiting for one more auto post about the climate. NatGeo you and WhiteHouse are pretty close. Why not have a meeting online / off about the climate ? Easy steps and less energy needed due too shouting. So VP and JoeBiden id start here. ( pre planning for ur post )
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Fund manager says another tech crash is looming, and names the stocks to buy insteadDeuterium Capital is steering clear of tech stocks and rotating into sectors such as healthcare and telecommunications instead. the bold get richer on pure speculation, so it has always been. Clickbait Translation : we are trying to short these stocks and want to set up retail to take advantage of them by manipulating others
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