The S&P 500 added 0.6% on Monday, Jan. 6, led by a surge in semiconductor stocks as the first full week of the new year got underway.
The S&P 500 gained 0.55% to close at 5,975.38. The Nasdaq Composite advanced 1.24% to end at 19,864.98. The Dow Jones Industrial Average lagged, losing 25.57 points, or 0.06%, to close at 42,706.56.
The S&P 500 (SPX) is soaring today as investors react to the latest earnings from technology component assembler Foxconn, which trades as Hon Hai Precision Industry (HNHPF) on the OTC. The company ...
U.S. stock markets rallied on Monday from last week's losses as semiconductor stocks surged. The Dow Jones Industrial Average gained 280 points (0.7%), the S&P 500 rose nearly 1%, and the Nasdaq Composite added 1.5%.
Chip-related stocks are pacing the S&P 500 higher Monday as the artificial-intelligence trade gains further momentum. Two factors are driving the action. To start, Foxconn issued upbeat December metrics,
STORY: U.S. stocks closed mostly higher on Monday, thanks to a rally in chip stocks. But the Dow ended marginally lower. The S&P 500 gained more than half a percent and the Nasdaq rose about one-and-a-quarter percent.
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
Investors rushed into the riskiest corners of the US stock market Monday giving last year’s laggards a big boost.
Live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The S&P 500 added 0.6% on Monday, Jan. 6, led by a surge in semiconductor stocks as the first full week of the new year began. Teradyne shares pushed higher as Northland Securities analysts ...
Key Takeaways Despite the turmoil of the COVID pandemic, the S&P 500 had an annualized return of 14.43% the past 5 years. Several ETF sectors have topped the S&P 500 on an annualized basis over the same time period.
Tech stocks underperformed as investors took profit on the victors of 2024 and looked for this year’s winner. But a long-term rotation out of AI isn’t likely.