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US stocks closed with the Dow falling more than 1% ending a six-day consecutive rise, while the Russell 2000 fell nearly 2%; Taiwan Semiconductor narrowly rose, and Nvidia rose nearly 3%.
Nasdaq and S&P fell more than 1% in intraday trading, and the Dow fell 1.3%, halting its six-day winning streak without reaching a new high. Russell small-cap stocks, which had been overbought to their highest level since 2017, have fallen for two consecutive days.
Chip stock bearish turmoil! Under market fluctuations, what are the good deployment strategies?
Previously, US technology stocks were continuously hot with rising valuations, and therefore the upward trend became increasingly "fragile," with a greater reaction to bearish news.
US stock market closes with three major indexes down while waiting for Trump's "New Golden Age" speech.
1. The US stock "sector rotation" has stopped, with the Dow ending its previous "six consecutive gains"; 2. Former US President Trump will deliver a keynote speech at the Republican National Convention on Friday morning Beijing time; 3. Guo Mingchi: Apple may not have increased orders for the iPhone 16; 4. Broadcom is discussing developing new AI server chips with OpenAI.
Broadcom Options Spot-On: On July 18th, 559.11K Contracts Were Traded, With 3.52 Million Open Interest
On July 18th ET, $Broadcom(AVGO.US)$ had active options trading, with a total trading volume of 559.11K options for the day, of which put options accounted for 51.74% of the total transactions, and
Express News | Broadcom Shares up 1% in Volume Spike Following Report It Has Discussed Developing New AI Chip With OpenAI
Broadcom Shares Are Trading Higher Following a Report Suggesting OpenAI Is in Talks With the Company About Developing a New Chip.
Broadcom Shares Are Trading Higher Following a Report Suggesting OpenAI Is in Talks With the Company About Developing a New Chip.