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2 stories matching “inflation”

Semiconductor Equities Drop as Chipmaker Sell-Off Pulls Down Tech Indexes

A broad sell-off across semiconductor hardware and equipment equities weighed on the Nasdaq and S&P 500 on Friday, dampening early enthusiasm from cooling wholesale inflation data.

The Company Wire15 hours ago3 min read

MARKETS

Tech Shares Slump as Wholesale Inflation Accelerates to 6.5%

An early lift in U.S. stock indices reversed Friday as annual producer price inflation accelerated to 6.5%, dampening hopes for monetary easing and extending declines across major technology shares.

The Company Wire16 hours ago3 min read