Macro Finance
Chip Slump Deepens Before Wall Street Earnings: Markets Wrap
Bloomberg Markets·October 12, 2026·1 min read
A selloff in chipmakers accelerated, pressuring global stocks as traders braced for Wall Street banks to kick off the US earnings season. The deepening slump in semiconductor shares weighed on major indices, with investors watching for corporate guidance amid concerns over demand and economic uncertainty ahead of key bank results.
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