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Anchor Madison Mills delivers the latest market news on Yahoo Finance this Monday afternoon in today's Market Minute.
Taiwan Semiconductor (TSM) is reportedly set to announce a substantial $100 billion investment in the United States, with plans to construct chip facilities over the next four years, according to the Wall Street Journal.
Defense sector stocks, including RTX (RTX), Bae Systems (BA.L), and General Dynamics (GD), are trending upward following the European Union's commitment to increase military spending.
Meanwhile, Kroger (KR) shares have taken a downturn after the company's CEO Rodney McMullen stepped down amid an ongoing investigation into his personal conduct.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Angel Smith