Stocks slump, big banks beat and LA’s housing market standstill 10/14/22
Power Lunch
00:00
The New US Rules on Chip Makers Doing Business in China
Nasdaq down 2.67% on track to end the week in the red. Tech sector dealing with fallout related to new US rules on chip makers doing business in China. Chinese tech names like Baidu, Pindu, Aduo continue to sell off today. And then you've got another hurdle for high growth stocks, the 10 year yield that we did see climb above 4%.
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