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Nasdaq futures slump 2% as rising yields spark tech rout

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Futures down: Dow 0.8%, S&P 1.2%, Nasdaq 1.9% Jan 18 (Reuters) - Futures tracking the tech-heavy Nasdaq 100 index .NDX slumped almost 2% on Tuesday as traders returned from a long holiday weekend to position for a more hawkish Federal Res
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Wall St Week Ahead-Earnings to test growth stocks after rocky start to year

By Lewis Krauskopf NEW YORK, Jan 14 (Reuters) - A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes. The S&P 500 information technology sector .SPLRCT , which accounts for nearly 29% of the broader inde
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Wall St Week Ahead-Earnings to test growth stocks after rocky start to year

By Lewis Krauskopf NEW YORK, Jan 14 (Reuters) - A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes. The S&P 500 information technology sector .SPLRCT , which accounts for nearly 29% of the broader inde
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TSMC sees multi-year growth ahead, to boost chip spending in 2022

* Expects capex between $40-$44 bln in 2022 vs $30 bln last year * Q4 profit T$166.2 bln vs T$161.6 bln analyst view * Q4 revenue up 24.1% on year in U.S. dollar terms * TSMC is Asia's most valuable listed company By Yimou Lee and Sarah Wu TAIPEI, Jan 13 (Reuters) - Taiwanese chip firm TSMC 2330.TW expects strong growth to accelerate in coming year
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TSMC Q4 profit rises 16.4%, beats market forecasts

TAIPEI, Jan 13 (Reuters) - Taiwan chip company TSMC 2330.TW posted a 16.4% rise in quarterly net profit on Thursday, Reuters calculations show, boosted by a semiconductor boom for smartphones and laptops during the COVID-19 pandemic that led to a supply shortage of chips. Net profit for October-December at Taiwan Semiconductor Manufacturing Co Ltd
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