Stocks Mixed as Tech Rallies While Economic Data Shows Resilient Shoppers But Slowing Factories
- Stock market rally mixed amid rising yields; chipmakers and megacaps lead Nasdaq to record high
- Taiwan Semiconductor forecasts over 20% revenue growth in 2023 on AI chip demand
- Tesla continues cutting prices in China and Europe amid demand concerns
- Economic data shows resilient consumers but manufacturing slowdown
- Goldman Sachs outperforms other banks as earnings roll in