From BigGo Finance · BigGo Finance · · 50s
US Stocks Rebound Led by Nasdaq
Semiconductor shares rebound as Nasdaq rises 1.15% amid tech gains.
In brief
Semiconductor shares rebound as Nasdaq rises 1.15% amid tech gains. US stocks rebounded on the 19th, led by Nasdaq rising 1.15% to 26,441.28 after semiconductor shares reversed a nine-session losing streak. Originally reported by BigGo Finance.
US Stocks Rebound
US stocks rebounded on the 19th, led by technology shares with Nasdaq Composite rising 1.15% to 26,441.28.
Semiconductor Index Rebounds
Philadelphia Semiconductor Index reversed a nine-session losing streak with a 1.90% gain to 11,348.81.
Dow Jones Edges Down
Dow Jones Industrial Average slipped 0.08% to 51,958.69, leaving major indexes split.
Tech Sector Gains
Consumer discretionary rose 2.73% while information technology gained 1.19% in the S&P 500.
Semiconductor Buying
Intel rose 3% after JPMorgan upgraded rating to neutral from underweight.
Market Focus Shifts
Market attention shifts to Meta Platforms and Tesla earnings reports scheduled for the 21st.
At a glance
US stocks rebounded on the 19th, led by Nasdaq rising 1.15% to 26,441.28 after semiconductor shares reversed a nine-session losing streak.
