Nasdaq
3 articles on this topic, newest first.
Nasdaq Hits a Record, S&P 500 Goes Nowhere: Memory Chips Drive a Narrow Rally
The Nasdaq closed at a record high for a second straight session while the S&P 500 was essentially flat. The real story wasn't broad risk appetite coming back, it was money piling selectively into memory chips and semiconductor equipment.
Meta +11%, ARM +17%, Nasdaq +2.26%: AI Agents Ignite a Chip Rally
Meta's consumer AI agent Muse hit No. 1 on the App Store, and the market started repricing AI demand. This time it wasn't just GPUs. CPUs, memory, networking and chip equipment all moved. But Treasury yields and oil are still too close to the line to call this a new trend after just one day.
The Signal Markets Sent Before the FOMC: Nasdaq Fell, But Chips Didn't Break
Oil above $108, the 10-year near 5%, and a 25bp hike almost fully priced in. The question for markets is no longer whether the Fed hikes, but whether this is the last one.
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