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4 Chip Stocks Downgraded by Barclays Today

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Barclays analysts downgraded four semiconductor stocks today as they still see material cuts through earnings in the PC, Handset, and Memory parts of the sector.

The analysts add that they made rating changes as "we would rather be early than late with this rotation."


Gold "isn't on stable grounds to begin the week, as the bears have been able to pull the rope a little more on their side" at the start of the week, said Naeem Aslam, chief market analyst at AvaTrade, in a market note. "The big question which is very much influencing the price of the precious metal is if the [Federal Reserve] is going to slow down the pace of its interest rate hikes."






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