US Stocks' "First Reaction" to Ceasefire: Return to AI

Wallstreetcn
2026.04.09 00:28

Previous tech stock winners in storage, chips, and optics surged. Goldman Sachs' TMT Momentum portfolio (GSTMTMOM, +10%) recorded its largest single-day gain ever, closing at an all-time high today. Conversely, the software and semiconductor sector (GSPUSOSE, -8.5%) experienced its worst single-day decline ever. A "return of risk appetite" clearly signifies a return to the old system of winners (memory, semiconductors, optics, etc.) and losers (software, services, etc.)

Previous tech stock winners in storage, chips, and optics surged. Goldman Sachs' TMT Momentum portfolio (GSTMTMOM, +10%) recorded its largest single-day gain ever, closing at an all-time high today. Conversely, the software and semiconductor sector (GSPUSOSE, -8.5%) experienced its worst single-day decline ever.

"A return of risk appetite" clearly signifies a return to the old system of winners (memory, semiconductors, optics, etc.) and losers (software, services, etc.).

Two weeks of ceasefire between the US and Iran have triggered a broad market rebound!
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