US Stock Market Mixed Amid Sharp Decline in Semiconductor Stocks Despite Falling Oil Prices
4 Articles
4 Articles
US Stock Market Shows Mixed Trend Despite Falling Oil Prices Due to Sharp Decline in Semiconductor Stocks. The US stock market showed a mixed trend, held back by a sharp decline in semiconductor stocks. On the 24th, the Dow Jones and S&P 500 closed higher in the New York stock market, rising 0.46% and 0.05%, respectively. However, the technology-heavy Nasdaq saw gains among major companies.
The US exchanges closed Friday (24) in opposite directions, reflecting the relief in oil prices and the fall in the technology sector, which weighed, above all, in the Composite Nasdaq. The indices also closed the week in the negative, while the military escalation between the United States and Iran led the barrel to advance more than 9% in the period, reliving inflationary fears and expanding the bets for a more restrictive monetary policy by t…
[Digital Daily Reporter Lee Sang-il] On the 24th (local time), the New York stock market closed mixed despite the stabilization of rising international oil prices, due to the impact of selling pressure on semiconductor stocks. The Dow Jones 30 Industrial Average closed at 51,947.25, up 235.60 points (0.46%) from the previous close. The Standard & Poor's (S&P) 500 index recorded 7,411.98, up 3.68 points (0.05%). The Nasdaq Composite Index closed…
The decline in oil provided some support on Wall Street, but chip stocks weighed on the Nasdaq.
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