Bargain Hunters Defy the Tech Correction and Lift Wall Street Back Into Positive Territory As the Quarter Ends – Semiconductors Recover While South Korea Launches a Trillion-Won Offensive for AI Dominance - The Warsh Fed Keeps Interest Rate Hike Bets Simmering – Oil Climbs – DAX Remains Below 25,000 Points While Nagarro Explodes by 90% After a Billion-Dollar Offer – Comcast Splits, Rocket Lab Acquires Iridium for $8 Billion
Reading Time: 11 minutes
USA & MACRO-OUTLOOK After a grueling previous week, the US markets are finding their footing again as the quarter ends The S&P-500 futures are up +0.57%, while the Nasdaq-100 futures are even higher, gaining +0.78%. According to Bloomberg, bargain hunters are specifically targeting the recently punished top performers, after a rotation out of the tech giants had previously pushed the Nasdaq Composite down by 4.6% and the broader S&P 500 by 2% – marking the fifth consecutive loss. Despite the correction, the indices are on...
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