News Formal

Futures edge lower as Micron drags chip stocks down ahead of data

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 36 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 119%
  • Publisher: 78%

Kitco News Notícia

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

June 27 - U.S. stock index futures slipped on Thursday as a slump in Micron Technology after a lackluster forecast dragged down other semiconductor stocks, while caution ahead of economic data and a presidential debate also dented sentiment.

Micron weighed on other semiconductor stocks including AI-trade favorite Nvidia , opens new tab, which fell 1.6%. Arm Holdings , Qualcomm , opens new tab and Advanced Micro Devices , opens new tab were down between 0.2% and 0.7%. Focus now shifts to a slate of economic data including durable goods for May, weekly jobless claims and first-quarter PCE and GDP figures before markets open, ahead of Friday's release of the monthly personal consumption expenditures price index - the Federal Reserve's preferred inflation gauge.

Further, President Joe Biden and former President Donald Trump are set to face each other in the first debate during the day, ahead of their rematch this November.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 13. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Premarket: U.S. futures dip as Micron drags down chip stocks ahead of economic dataEuropean stocks steady ahead of inflation data, yen near 38-year low
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »

Stock market today: US futures slip as Micron slides, with data on deckA sell-off in Micron put a dent in the AI bullishness that has fueled the tech-driven rally, as investors eye fresh economic data.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

GDP, jobless claims data, Micron earnings tank chip sector: Yahoo FinanceWall Street is digesting a slew of economic data this morning, with the latest readings on jobless claims and GDP figures providing a fresh read on the...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stocks close in the green, Micron, Levi Strauss earnings: Market Domination OvertimeAll three of the market averages (^GSPC, ^DJI, ^IXIC) closed Wednesday in the green, the Nasdaq Composite moving half of a percent higher after facing some...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »