CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

LIVE MARKETS-Tech, chips rally, day after sharp selloff

By Reuters News

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

TECH, CHIPS RALLY, DAY AFTER SHARP SELLOFF

The Nasdaq .IXIC and S&P 500 .SPX are more than 1% higher each on Friday, with technology shares leading gains a day after stocks sold off sharply and the Nasdaq confirmed it's in a correction.

S&P 500 technology .SPLRCT is up more than 2%, while an index of semiconductors .SOX is more than 5% higher.

Tuesday's US midterm elections, in which Democrats won control of Congress and key governor positions across the country, raised concerns about tougher AI regulations ahead and drove down shares of data centers, chipmakers and other AI-related stocks.

Sentiment dampened somewhat following a report showing stronger-than-expected job gains last month. It boosted expectations for an interest rate hike in December.

The Dow .DJI is barely higher on Friday, while all three major US stock indexes remain on track for losses for the week.

Here is the latest market snapshot:

(Caroline Valetkevitch)

EARLIER ON LIVE MARKETS:

NASDAQ, S&P 500 EMINIS HIGHER, BUT TRIM GAINS AFTER PAYROLLS CLICK HERE

BLUEBAY ADDS FRENCH, ITALIAN DEBT EXPOSURE CLICK HERE

HALF-TIME IN EUROPE: STOXX EXTENDS DECLINES, TECH STEADY CLICK HERE

GERMANY'S FISCAL BOOST IS TAKING HOLD CLICK HERE

STOXX SUFFERS, BUT STAYS STEADY ACROSS THE WEEK CLICK HERE

BEFORE THE BELL: TECH WORRIES CRASH ASHORE IN EUROPE? CLICK HERE

AI'S REALITY CHECK CLICK HERE


Market snapshot https://fingfx.thomsonreuters.com/gfx/mkt/moparejjlva/Pasted%20image%201793977949869.png

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.