Tag Archives | Freddie Mac

MIB Daily: SOX +6% Record on Apple-Intel, Iran Unwinds Gold and Energy — Warsh Hikes, Housing Cracks, Bond Market Refuses to Celebrate

Trump confirmed Apple will build chips at Intel’s foundry, sending SOX up 6% to a record and INTC +10.6% — AI hardware is now rate-cycle-agnostic as Nasdaq gained 2.48% on the day Warsh signaled a 2026 rate hike. Gold plunged 3.51% and silver 7.05% as Iran MOU execution unwound two risk premiums simultaneously. Accenture collapsed 16-18% on a guidance cut, crystallizing AI’s bifurcation: hardware thrives while IT consulting implodes. Housing starts plunged 15.4% in May; Philly Prices Paid surged to 53.2.

Read full story · Comments are closed

  PLEASE NOTE : The next SuperIndex bi-weekly report scheduled for 6th July has been moved out by 1 week and we will resume bi-weekly publication from Monday 13 July 2026.