Stocks Fall as Chip Rout Outweighs Inflation Data
Bloomberg Markets
13 lis 2026, 16:40Crypto
1 min read
Stocks fell on Wednesday as another selloff in chipmakers outweighed inflation data that eased concerns about aggressive Federal Reserve rate hikes.
The broader market struggled to find support despite the latest producer price index figures, which showed a decline in inflation.
Ted Parkhill, Founder & CEO at Incline Investment Management, gives his market outlook amid fresh PPI data and AI related-volatility.
Investors remained focused on the technology sector, where chipmakers experienced a renewed selloff that dragged down the overall index.
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