WEEX Labs: US Stock Indices Close Lower as Optical Communication Stocks Surge
Following the Federal Reserve's 25 basis point rate hike on September 17, all three major US stock indices closed lower. According to WEEX Labs, capital has shifted toward AI chips and optical communication sectors. While chip stocks like Intel (INTC), AMD, and NVIDIA (NVDA) saw gains, the optical module sector showed strong performance, with LITE rising 9.59%. The storage sector experienced mixed results. WEEX Labs suggests that investors are focusing on oversold AI hardware sectors, and market attention is now directed toward future interest rate paths and the sustainability of the optical module rebound.
Summaries are written by AI from the original article. Not investment advice.