Tag: chipmakers

Tech leads stocks higher as chipmakers shine

US stocks tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. The S&P 500 (^GSPC) added around 0.4%, while the tech-heavy Nasdaq Compossite (^IXIC) led gains, rising 1%. The Dow Jones Industrial Average (^DJI) dropped […]

US futures point to rebound as chipmakers shine

US stock futures tipped higher on Thursday, eyeing a rebound from recent losses as investors looked to fresh quarterly earnings for inspiration amid dwindling hopes for an early 2024 interest rate cut. S&P 500 (^GSPC) futures added around 0.4%, while those on the tech-heavy Nasdaq 100 (^NDX) jumped 0.7%. Dow Jones Industrial Average (^DJI) futures […]