The Traderszone Network

Published in TZ Latest News 1 October, 2015 by The TZ Newswire Staff

Semiconductor ETFs Stumble On Weak Apple, Chip Suppliers

Major index ETFs slumped out of the starting gate Thursday, as weak manufacturing data for September highlighted the impact of a strong dollar, low energy prices and global weakness on U.S. businesses. Downbeat job news further dented stocks on the first trading day of the year’s final quarter, with Hewlett-Packard (HPQ) and Target (TGT) accounting for a sharp uptick in layoffs in September.

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