Stock Market Update

31-Jan-25 12:35 ET
Chipmakers outperform in broad advance
Dow +45.65 at 44928.84, Nasdaq +237.08 at 20000.74, S&P +38.31 at 6109.48

[BRIEFING.COM] The S&P 500 (+0.8%) and Nasdaq Composite (+1.3%) continue to outperform, driven by mega caps and chipmakers.

The PHLX Semiconductor Index (SOX) trades 2.2% higher and the info tech sector has benefitted from the outperformance, trading 1.2% higher.

Market breadth skews positive, indicating many stocks are trading up in today's advance. Advancers lead decliners by a 3-to-2 margin at both the NYSE and at the Nasdaq. 

Cookies are essential for making our site work. By using our site, you consent to the use of these cookies. Read our cookie policy to learn more.