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Today, Sept. 28, 2026, Middle East tensions and surging crude prices are driving investors toward defensive sectors amid heightened volatility.
Today, Sept. 30, 2026, softer PCE growth is supporting sentiment amid heightened single-stock volatility.
Citi just painted a picture of an $11 billion optical switching market, yet Coherent, Applied Optoelectronics, and Corning are all falling sharply with no bad news in sight. Something else is driving this selloff, and it says a lot about where these stocks really stand.