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Indexes start high but retrace on semiconductor concerns, Steven Lubka notes

Indexes start high but retrace on semiconductor concerns, Steven Lubka notes
Indexes retreat on semiconductor jitters

Steven Lubka highlights that the current hold message at Schwab describes indexes opening high on Monday before retreating. According to the message, initial optimism, partly attributed to oil, was overtaken by nervousness surrounding the semiconductor sector.

The summary is accompanied by a reference to Vibes Capital Management.

Lubka has previously commented on corporate financial policies. He reported on Strategy’s update to its preferred share approach and the launch of a new repurchase program. That report also noted enhancements to the USD reserve policy.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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