Chip Stocks Are Down, Energy Stocks Are Up Ahead of a New Trading Week. 10/10/22

Shares of China-based semiconductor makers are getting hit hard in overseas trading on the back of the announcement by the Biden administration of new export rules on chips. Longview Global’s Dewardric McNeal gives the latest. Plus, stocks in the energy sector are surging on the heels of OPEC+’s decision to cut production by 2 million barrels a day. CFRA’s Stewart Glickman explains where to invest. And, the major averages are posting their first positive week in the past four. Principal Asset Management’s Kamal Bhatia, JPMorgan’s Jason Hunter, and Pivotal Advisors’ Tiffany McGhee discuss the trading week ahead.