Shares of new electric-vehicle makers Lordstown Motors, Nikola and Canoo are holding tight despite a challenging series of speed bumps

Taiwan Semiconductor Manufacturing Co. makes almost all of the world's most sophisticated chips, and many of the simpler ones, too. Its dominance poses risks to the global economy, amid geopolitical tensions and a major chip shortage.

The Federal Reserve Bank of St. Louis President James Bullard said the economy is seeing more inflation than he and his colleagues had expected, and that could lead to a rate increase late next year.