Megacaps, Chips Lead But Most Stocks Fall; On Holding, AMD and Axcelis In Focus
May 16, 2023
20:53
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Indexes had a mixed session, as tech titans kept the Nasdaq positive. But other indexes fell while market breadth was terrible, though chips are a bright spot, including Advanced Micro Devices and Axcelis Technologies. On Holding tumbled following Q1 earnings, but the athletic shoemaker tried to find its footing at key support.
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