US futures slip amid chip stock declines, Fed rate decision on horizon- Republic World

US futures slip amid chip stock declines, Fed rate decision on horizon- Republic World

Stock market | Image:PexelsUS stock market: US stock index futures took a dip on Wednesday as chip sector disappointments weighed down markets, with investors exercising caution ahead of key economic indicators and the Federal Reserve’s forthcoming interest rate verdict.In premarket trading, Advanced Micro Devices witnessed a 6.3 per cent decline after its AI chip sales projections fell short of expectations. Concurrently, Super Micro Computer reported third-quarter revenue below estimates,…
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Source: https://www.republicworld.com/business/markets/us-futures-slip-amid-chip-stock-declines-fed-rate-decision-on-horizon/?amp=1