Stock Market
Market Outlook
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The popular stock market averages closed mixed on Friday as monthly options expired. The interest rate for 10-yr treasury notes closed lower but was climbing all day from its morning bottom. The prices closed up for gold and crude oil.
Semiconductor stocks were led downward by Super Micro Computer (SMCI -23.1%) which announced an earnings date but no preview. That may have pulled down Nvidia (NVDA -10.0%) which in turn might have been the drag on the rest of the Magnificent Seven.
Adapt or perish, now as ever, is nature’s inexorable imperative. - H.G. Wells
Semiconductor stocks were led downward by Super Micro Computer (SMCI -23.1%) which announced an earnings date but no preview. That may have pulled down Nvidia (NVDA -10.0%) which in turn might have been the drag on the rest of the Magnificent Seven.
Adapt or perish, now as ever, is nature’s inexorable imperative. - H.G. Wells