WS #17022
The Nasdaq is attempting a snapback after a historic selloff, with semiconductor stocks like AMD and MU leading the charge. However, the rebound is fragile as a strong October jobs report has pushed December rate hike probabilities to 80%, dampening the 'soft landing' narrative. UK retail investors are buying the dip aggressively, but institutional flows remain cautious as the macro environment shifts from liquidity-driven growth to rate-sensitive value.
Tech Selloff and Rate Hike Fears
The Nasdaq is attempting a snapback after a historic selloff, with semiconductor stocks like AMD and MU leading the charge. However, the rebound is fragile as a strong October jobs report has pushed December rate hike probabilities to 80%, dampening the 'soft landing' narrative. UK retail investors are buying the dip aggressively, but institutional flows remain cautious as the macro environment shifts from liquidity-driven growth to rate-sensitive value.