It is extremely difficult to call the market at any point of time. About 80% or more global managers do not beat the benchmarks for this reason. And many of those who do, are at times lucky but are not able to do that on a sustainable basis.
US markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose
Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck Semiconductor ETF plunged over 5%,
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