The semiconductor sector gained 3.2% on strong chip export data from Taiwan, reaffirming bullish sentiment for private asset allocation into technology hardware ahead of holiday retail demand cycles. Goldman Sachs ( GS ) is taking up to a $1 billion stake in global asset manager T. Rowe Price ( TROW ) with the goal of opening the doors to offer private assets to US retirees by mid-2026. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. Mid-cap growth stocks rebounded sharply, with Russell 2000 up 2.7% week-to-date. Private asset managers see room for multiple expansion as earnings guidance is revised upwards.
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