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Semiconductor and tech stocks lift the Nasdaq 100
Nvidia, Micron, Intel and AMD rose between 2.6% and 6.2%, outperforming the Nasdaq index’s 0.7% gain and the Nasdaq 100’s 1.0% increase.
Tech stocks led gains in trading, with semiconductor shares among the strongest performers, according to Forexlive.
Nvidia was up 2.56%, Micron rose 6.20%, Intel gained 3.25%, and AMD advanced 2.64%.
Those moves outpaced broader benchmarks, with the Nasdaq index up 0.68% and the Nasdaq 100 up 1.0%.
Forexlive said its technical look at the chip stocks focused on what price action indicates for trader bias, risk, and potential target levels, highlighting key levels where buyers or sellers could take control.
Latest closeNasdaq Comp. 26,445.45 ▼0.6%