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S&P 500 Steadies as Chipmaker Rout and Fed Rate Hike Loom

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The Story

News Summary

  • US stock futures stabilized Tuesday following Monday's decline led by a selloff in semiconductor shares amid AI safety concerns.
  • Equity markets remain cautious under pressure from rising Treasury yields, elevated energy prices, and high expectations of a 25-basis-point Federal Reserve interest rate hike.
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AMD price history

545.09 +148.04% over the displayed period

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