Published On Sep 26, 2024, 12:00 PM
Today, both the S&P 500 and Nasdaq saw gains, driven by positive GDP data from the US and an upbeat sentiment surrounding chip stocks. The report highlighted robust economic growth, which likely reassured investors. Additionally, developments in the semiconductor sector contributed to a favorable outlook for technology-driven stocks.
The strong economic indicators suggest that consumer and business spending may continue on an upward trend, which can further benefit technology stocks. Given the positive response in the chip sector, investing in semiconductor-related stocks or ETFs might be advantageous.
Sep 26, 2024, 12:00 PM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.
Sep 26, 2024, 7:19 AM
A double dose of optimism for the AI trade and for China's stimulus push is buoying the market ahead of Jerome Powell's comments.