Chipmakers revive stocks as euro struggles after freefall - Reuters


7/7/2022 12:00:00 AM2 years 9 months ago

Gains in chipmakers lifted stocks to calm investors after hawkish Federal Reserve comments increased the likelihood of a hefty interest rate hike later this month and raised fears over how much this could slow the economy.

LONDON, July 7 (Reuters) - Gains in chipmakers lifted stocks to calm investors after hawkish Federal Reserve comments increased the likelihood of a hefty interest rate hike later this month and raise… [+4662 chars]

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