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The Philadelphia Fed Manufacturing Employment Index for June was 7.9, compared to -2.8 in the previous month.
2026-06-18
The Philadelphia Fed Manufacturing Employment Index for June was 7.9, compared to -2.8 in the previous month.
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2026-06-18
JP Morgan strategists led by Nikolaos Panigirtzoglou warn rising volatility in semiconductor shares, even as the sector hits record highs, could trigger portfolio VaR breaches that force investors to cut positions. Panigirtzoglou said an influx of Va
JP Morgan strategists led by Nikolaos Panigirtzoglou warn rising volatility in semiconductor shares, even as the sector hits record highs, could trigger portfolio VaR breaches that force investors to cut positions. Panigirtzoglou said an influx of VaR-sensitive investors heightens susceptibility to self-reinforcing, volatility-driven selling. The Philadelphia Semiconductor Index (SOX) fell more than 10% earlier this month on concerns of AI-driven overheating but has since recovered to record highs. A BofA survey this week found long chipmakers the most crowded trade among fund managers.
2026-06-18
According to the Wall Street Journal, gasoline prices in the United States have fallen below $4.
According to the Wall Street Journal, gasoline prices in the United States have fallen below $4.
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