Stock Market Update
04-Nov-24 11:10 ET
NVDA, AVGO, other chipmakers trade up
Dow -140.69
at 41911.50,
Nasdaq +45.40
at 18285.32,
S&P +5.88
at 5734.68
[BRIEFING.COM] The major indices moved mostly sideways in recent action.
Gains in the chipmaker space have boosted the broader equity market, leading the PHLX Semiconductor Index (SOX) to trade 1.1% higher. NVIDIA (NVDA 138.22, +2.82, +2.1%) and Broadcom (AVGO 171.95, +3.07, +1.8%) are top gainers in the space.
This price action has boosted the information technology sector, which trades 0.5% above its prior close.
