Macro Finance
Chip Stocks Roar Back as Strong Data Sink Bonds
Bloomberg Markets·November 6, 2026·1 min read
Chip stocks rebounded, buoying Wall Street as dip buyers emerged despite solid economic readings that reinforced speculation the Federal Reserve will boost rates in December. HSBC's Chief Multi-Asset Strategist Max Kettner noted the AI trade is following market narratives, not fundamentals. Strong data sank bonds, while equities gained on tech strength.
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