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European chip stocks ASML, ASM International, STMicroelectronics and Infineon fell between 3% and 6%.
2026-06-23
European chip stocks ASML, ASM International, STMicroelectronics and Infineon fell between 3% and 6%.
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2026-06-23
Hong Kong stocks closed lower, with the Hang Seng Index down 1.82% and the Tech Index down 3.3%. Storage concept stocks, chip stocks, and non-ferrous metals sectors weakened throughout the day, with Luoyang Molybdenum (03993.HK) falling nearly 11% an
Hong Kong stocks closed lower, with the Hang Seng Index down 1.82% and the Tech Index down 3.3%. Storage concept stocks, chip stocks, and non-ferrous metals sectors weakened throughout the day, with Luoyang Molybdenum (03993.HK) falling nearly 11% and Montage Technology (06809.HK) falling over 12%.
2026-06-23
Castle Securities said Kevin Warsh's commitment to lowering inflation has bolstered Fed credibility, supporting US long-term Treasury yields and compressing the term premium. After last week's Fed meeting, trading in the $31 trillion US Treasury mark
Castle Securities said Kevin Warsh's commitment to lowering inflation has bolstered Fed credibility, supporting US long-term Treasury yields and compressing the term premium. After last week's Fed meeting, trading in the $31 trillion US Treasury market showed long-end yields were more stable than the more policy-sensitive two-year yield, and Nohshad Shah, head of fixed-income sales, said a highly credible Fed should benefit long-end performance.
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