Chip Stocks Fall to Start Week
Stocks slipped as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.
Israel Cancels Visit to Washington After U.S. Abstains on U.N. Cease-Fire Resolution
The U.S. move angered the Netanyahu government, which had been planning to send top officials to Washington to discuss an invasion of Rafah.
Trump Returns to Stock Market With Truth Social Listing
The former president's Truth Social will begin trading Tuesday on Nasdaq.
Sales of new homes inched down in February
New home sales at 662,000 annual rate in February versus 664,000 in the prior month.
Disney Board Drama Heats Up. The Stock Gets an Upgrade.
Trian is reaffirming its call to change the composition of Disney's board.
The Fed Is Getting Closer to Cutting Rates, Gov. Cook Says
The balance of risks between the Fed's inflation and employment goals is coming into better balance, Lisa Cook said.
China reportedly seeks to block Intel, AMD and Microsoft tech from being used in government computers
Beijing has introduced new procurement guidelines that seek to promote use of Chinese tech
Fed's Goolsbee expects three rate cuts this year
Chicago Fed President Austan Goolsbee said Monday he now expects three quarter-point interest rate cuts this year.
Are Chinese Tech Stocks Value Plays Now?
Investors are excited about U.S. artificial intelligence, less so about cash-generating Chinese tech. That might-eventually-create some opportunities.
Fed Rate Outlook Looks Just Right for Banks
Banks look forward to relief on deposit costs but have no desire to go back to zero rates.
(END) Dow Jones Newswires
03-25-24 1315ET
