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.
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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 ...
Uber has been laying the foundation for long-term growth in the business, and it showed in 2024. Revenue growth accelerated, rising 20% year over year in the third quarter. Moreover, the increase in revenue is driving a bigger improvement in profits, with operating income more than doubling over the year-ago quarter to $1.1 billion.
The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.