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S&P 500, Nasdaq futures climb as chip stocks stabilize

S&P 500, Nasdaq futures climb as chip stocks stabilize

June 8 (Reuters) - S&P 500 and Nasdaq futures climbed on Monday, as chip stocks steadied after plunging to over two-week lows, though renewed strikes in the Middle East kept investors largely at bay.
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Morning Bid: Blistering AI rally turns ugly

Morning Bid: Blistering AI rally turns ugly

A look at the day ahead in European and global markets from Rae Wee An ugly selloff in technology stocks swept across Asia on Monday as investors slammed the brakes on the red-hot AI rally, with a more than 8% fall in South Korea's KOSPI triggering circuit breakers.
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Gold Prices Decline Amid U.S. Interest Rate Hike Expectations and Middle East Tensions

Gold Prices Decline Amid U.S. Interest Rate Hike Expectations and Middle East Tensions

Gold Prices Decline Amid U.S. Interest Rate Hike Expectations and Middle East Tensions
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Morning Bid: Chip chill, jobs heat and war

Morning Bid: Chip chill, jobs heat and war

By Mike Dolan June 8 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Wall Street is holding its breath after Friday’s withering chip sector selloff, as tech stocks around the world fell back sharply in response on Monday.
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AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs

AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs

Wall Street is clawing back some of its steep losses from last week
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Morning Bid: Missing the mark

Morning Bid: Missing the mark

By Anna Szymanski June 5 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
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U.S. Stock Market Faces Volatility Amid Semiconductor Decline and Payroll Focus

U.S. Stock Market Faces Volatility Amid Semiconductor Decline and Payroll Focus

U.S. Stock Market Faces Volatility Amid Semiconductor Decline and Payroll Focus
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U.S. Stock Market Declines Amid AI Sector Slowdown and Geopolitical Tensions

U.S. Stock Market Declines Amid AI Sector Slowdown and Geopolitical Tensions

U.S. Stock Market Declines Amid AI Sector Slowdown and Geopolitical Tensions
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Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market
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U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns

U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns

U.S. Chipmakers Lose Over $1 Trillion in Market Value Amid Broadcom Report and Interest Rate Concerns
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Broadcom Revenue Miss Impacts Chip Stocks, S 500 and Nasdaq Set to Open Lower

Broadcom Revenue Miss Impacts Chip Stocks, S 500 and Nasdaq Set to Open Lower

Broadcom Revenue Miss Impacts Chip Stocks, S 500 and Nasdaq Set to Open Lower
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Hot jobs report, rising rates send Wall Street's tech favorites sprawling

Hot jobs report, rising rates send Wall Street's tech favorites sprawling

NEW YORK, June 5 (Reuters) - Wall Street's best run in three years ended unhappily on Friday, with investors taking flight from hot technology shares, safe government bonds and gold alike following a strong May jobs report that reignited fears that U.S. interest rates may be rising again by year end