CNBC Daily Open: Rising geopolitical risk
Publishing timestamp: 2024-07-17 20:57:09
Summary
Nasdaq suffered worst session since December 2022, semiconductor stocks under pressure, Fed Governor suggests rate cuts could come soon, United Airlines profits soar, Roche's obesity drug trial data boosts stock, market correction likely despite rotation from tech stocks to small caps, geopolitical tensions and potential trade restrictions causing market risk.
Sentiment: MIXED
Tickers: .TWII, NFLX, 2330-TW, LLY, .RUT, UAL, NVDA, MSFT, .IXIC, META, .DJI,
Keywords: microsoft corp, ukraine, taiwan weighted index, semiconductor device manufacturing, interest rates, meta platforms inc, obesity, united states, joe biden, dow jones industrial average, donald trump, china, inflation, netflix inc, airlines, u.s. department of the treasury, federal reserve system, pharmaceuticals, air travel, nasdaq composite, oil and gas, russell 2000 index, nvidia corp, artificial intelligence, business news, eli lilly and co, taiwan semiconductor manufacturing co ltd, s&p rating services, united airlines holdings inc,
Source: https://www.cnbc.com/2024/07/18/cnbc-daily-open-rising-geopolitical-risk.html