US stocks rally as Nasdaq hits record high, chips lead gains
US stocks rallied on Monday, pushing the Nasdaq to a record closing high, as a surge in chipmakers, a drop in oil prices and easing Treasury yields boosted investor sentiment.
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Update: Tech Stock Decline, Oil Price Increase Dampen US Equity Futures Pre-Bell
() -- (Updates with stock and oil price moves, and additional details from sixth paragraph onward.) US equity futures were mostly lower pre-bell Tuesday as technology-related stocks dropped and oil prices rose after a couple of vessels were damaged in the Strait of Hormuz, potentially complicating peace talks to end th
Tech Stock Decline, Oil Price Increase Dampen US Equity Futures Pre-Bell
() -- US equity futures were mostly lower pre-bell Tuesday as technology-related stocks dropped and oil prices rose after a couple of vessels were damaged in the Strait of Hormuz, potentially complicating peace talks to end the US-Iran war. Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were dow