Futures mixed as chip equipment, auto stocks decline; rate-pause hopes support sentiment

📆 2023-09-15 15:19:00

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Applied Materials, Lam Research and KLA Corp dropped over 2% each after Reuters reported Taiwan's TSMC, the world's top chipmaker, had asked vendors to delay delivery of high-end chipmaking equipment, weighing down Nasdaq futures. Automakers Ford Motor and General Motors shed 2% each before the bell after the United Auto Workers union launched simultaneous strikes at three factories owned by the 'Detroit Three', including Chrysler-owner Stellantis, marking the most ambitious U.S. industrial labor action in decades.

China is driving global debt back towards unsustainable levels amid an “unparalleled” borrowing binge by property developers and local governments, according to the International Monetary Fund.Algonquin stock is cheaper than its larger peers for a reason. It may be smart of interested investors to wait before considering a position. The post Algonquin Power & Utilities: Why It’s Cheap Today appeared first on The Motley Fool Canada.

Canadian Apartment Properties REIT isn't the only way to profit from increasing real estate prices. The post Here’s a Better Way to Invest in Canadian Real Estate Instead of Canadian Apartment Properties REIT appeared first on The Motley Fool Canada.Laurentian Bank shares fall as it concludes review without deal to sell

MONTREAL — Shares of Laurentian Bank were down more than 10 per cent in morning trading after it announced it had completed its review of strategic options without a deal to sell the bank. The Montreal-based bank said Thursday it has decided that its best path forward to drive shareholder value is an accelerated evolution of its current plan with an increased focus on efficiency and simplification. A strategic review is often seen by investors as a prelude to a sale by a company.

Skriv Kommentar

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stock futures dip in countdown to key CPI data: Stock market news todayAugust's Consumer Price Index inflation report is a key data point for the Fed when it decides on rates policy next week.
Läs mer »