NYSE trader: Chip stocks face some serious headwinds, as Morgan Stanley points out

Yahoo Finance Video

Tech stocks are the sector leaders for August, up 4% and set for an 8-day winning streak. But Morgan Stanley is doubling down on its bearish tech call from Monday -- today downgrading chip stocks to "cautious." Keith Bliss of DriveWealth joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss.

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