Blue Wave Stock Rotation Sinks Asian Chipmakers, Boosts Autos
The Democratic sweep of Congress fueled rotation trade in Asia, dragging down shares of chipmakers on concerns over the AI buildout while lifting auto and consumer goods makers.
By Youkyung Lee · Bloomberg Markets
The Democratic sweep of Congress fueled rotation trade in Asia, dragging down shares of chipmakers on concerns over the AI buildout while lifting auto and consumer goods makers.