Memory Chips Rally Ahead of Fed Decision
Memory-chip stocks rose as investors digested a strong earnings report from South Korea’s SK Hynix. Wall Street’s main indexes were little changed early Wednesday.
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02:32:04 PM UTC
SquawkNews
By Shashwat Chauhan and Utkarsh HathiUS stocks wavered on Wednesday as weakness in megacaps such as Tesla and Apple offset chipmaker gains sparked by SK Hynix's bumper results, with focus squarely on hyperscaler earnings and the Federal Reserve's interest-rate decision later in the day.Memory ch…