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The S&P 500 and Nasdaq surged toward record highs, boosted by gains in Advanced Micro Devices and other AI heavyweights. Treasury yields retreated from recent highs and crude prices tumbled.
U.S. equities extended their winning streak to a third session Monday, with a fourth consecutive slide in crude oil relieving pressure on Treasury yields and clearing the runway for a semiconductor-led rally that lifted the Nasdaq 100 to a three-month high. • Intel stock is charging ahead with explosive momentum. Why i
() -- Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 2% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 3.3%. The Philadelphia Semiconductor index climbed up 2.9%. In corporate news, International Business Machines (IBM) is expected to post a
() -- Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 3.3% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 8%. The Philadelphia Semiconductor index slumped 6.6%. In corporate news, Apple (AAPL) plans to launch five new iPhone models to
() -- Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 3.1% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 7.3%. The Philadelphia Semiconductor index slumped 6.5%. In corporate news, Apple (AAPL) plans to launch five new iPhone models