Mixed Day for Global Stocks but Oil Prices Fall Along with Chip Shares
12 Articles
12 Articles
Mixed day for global stocks but oil prices fall along with chip shares
NEW YORK: Wall Street stocks mostly rose Tuesday (Jul 28) behind solid earnings and a pullback in oil prices, offsetting weakness in chip shares and in Asian equity markets.Micron, AMD and Sandisk were among the semiconductor names swept up in the latest round of selling as investors fret
Wall Street closed this Tuesday, July 28, mostly on positive ground, with Dow Jones adding the third consecutive session of gains, driven by the recovery of sectors more sensitive to the domestic economy, the sharp drop in oil and a battery of quarterly results above expected. Nasdaq was the exception, penalized for a new day of massive sales in semiconductor manufacturers. Dow Jones rose 537.24 points, or 1.03%, to 52.747.32 points, reaching th…
The three major New York stock indices closed mixed on the 28th (local time). On the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average, composed of blue-chip stocks, finished trading at 52,747.32, up 537.24 points (1.03%) from the previous trading day. In contrast, the Nasdaq Composite Index, centered on technology stocks, fell 55.17 points (0.22%) to 24,876.91. The Standard & Poor's (S&P) 5, centered on large-cap stocks...
(New York = Yonhap News) Correspondent Lee Ji-heon = As the recovery in investor sentiment driven by falling international oil prices coincided with a correction in the semiconductor sector, the New York stock market closed mixed on the 28th (local time)...
New York stock exchanges closed the trading day on Tuesday with mixed results. Chip stocks were down, after chip companies were also being sold off on European and Asian exchanges. Furthermore, investors had focused their attention on strong corporate earnings and a further decline in oil prices.
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