About this episode

The episode discusses the decline in US equity markets driven by falling chip makers despite positive economic data.

US equity markets weaker with fresh falls for chip makers overshadowing generally upbeat economic data, down 106 points or 0.2%. Alphabet, Caterpillar and Goldman Sachs all dropping over 4%. On the upside, Nike rallied 4.2%, while Amgen, IBN, McDonald's, Merck & Co, and Salesforce all rallied over 3%.

Topics covered

• US equity markets
• chip makers
• economic data
• stock performance
• market decline

Keywords

• US equity markets
• chip makers
• Alphabet
• Caterpillar
• Goldman Sachs
• Nike
• market decline

Mentioned in this episode

Organizations: Alphabet, Caterpillar, Goldman Sachs, Nike, Amgen, IBN, McDonald's, Merck & Co, Salesforce

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