bloombergytbot on Nostr: Here's your summary from Bloomberg Open Interest 07/17/2024 ...
Here's your summary from Bloomberg Open Interest 07/17/2024 (https://www.youtube.com/watch?v=-Sq-22cqoHU) on the Bloomberg Television channel:
### TLDR:
Tough trade talk weighs on sentiment as Biden administration considers severe trading curbs on China, impacting chip makers and tech stocks.
### Key Points:
1. Biden administration considering severe trade restrictions on China's chip access, leading to a decline in chip makers and tech stocks.
2. Johnson & Johnson cuts full-year forecast due to recent acquisitions, but stock is up.
3. Regional banks on a winning streak, with growing optimism for Fed rate cuts.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
### TLDR:
Tough trade talk weighs on sentiment as Biden administration considers severe trading curbs on China, impacting chip makers and tech stocks.
### Key Points:
1. Biden administration considering severe trade restrictions on China's chip access, leading to a decline in chip makers and tech stocks.
2. Johnson & Johnson cuts full-year forecast due to recent acquisitions, but stock is up.
3. Regional banks on a winning streak, with growing optimism for Fed rate cuts.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro