Walmart

The Nasdaq recovered near its 50 day moving average as lower yields and renewed chip demand supported risk appetite. Traders now face a critical test from PCE inflation, second quarter GDP and Nvidia earnings, while weak consumer confidence and retail selling complicate the rebound.

Pokémon trading cards have grown into a multibillion-dollar collectibles market, with major retailers, online marketplaces and high-profile sales underscoring investor demand. Crypto startups are now trying to turn vaulted physical cards into blockchain-based assets, but liquidity remains the toughest hurdle.

US equities came under pressure as semiconductor selling intensified and higher crude prices added another headwind for risk appetite. Investors continued to rotate toward healthcare, consumer staples and financials while watching whether weakness in technology spreads to the wider market.

Semiconductor weakness kept pressure on major U.S. equity benchmarks as traders moved money into healthcare, consumer staples and financials. SK Hynix’s upcoming Nasdaq debut is shaping up as a fresh test of investor appetite for chip exposure at elevated valuations.