Stock Market Update
19-Aug-24 13:35 ET
Semiconductor stocks boost index gains
Dow +166.71
at 40826.47,
Nasdaq +108.92
at 17740.63,
S&P +29.13
at 5583.38
[BRIEFING.COM] The three major indices moved mostly sideways in recent action.
Turnaround action in the semiconductor space has contributed to index level gains. The PHLX Semiconductor Index (SOX) trades 0.3% higher now, but traded down as much as 1.4% earlier.
Broadcom (AVGO 163.98, -1.74, -1.1%) is an influential laggard from the space while shares of NVIDIA (NVDA 128.29, +3.70, +3.0%) build up gains.
